If Bitcoin falls below $72,000, the cumulative long order liquidation intensity of mainstream CEX will reach 1.777 billion
according to Coinglass data, if Bitcoin falls below $72,000, the cumulative liquidation intensity of mainstream CEX long positions will reach $1.777 billion. Conversely, if Bitcoin breaks through $75,000, the cumulative liquidation intensity of mainstream CEX short positions will reach $339 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Polymarket resolves US presidential election winner bets as AP, Fox and NBC call it for Trump
Polymarket has resolved its U.S. presidential election market after major news organizations called it for Trump.U.S. presidential election bets on Polymarket reached more than $3 billion in trading volume ahead of the election.
Aave, Uniswap and other DeFi tokens surge amid Trump victory in US presidential election
DeFi tokens like Aave and Uniswap saw substantial gains following Donald Trump’s victory in the U.S. election.Positive speculation around Aave’s price may be linked to its “partnering” with the Trump-linked World Liberty Financial project.
Crypto stocks rally as markets react optimistically to Trump election victory
In premarket trading, Coinbase and MicroStrategy saw significant gains while broader market futures surged in response to Donald Trump’s U.S. election victory.QCP Capital analysts noted that bitcoin has historically experienced sustained rallies following U.S. elections, with prices consistently reaching new highs. They expect this bullish momentum to continue into 2025.
'Greatest comeback story of all time': crypto community reacts as Trump wins US election
Reaction from the crypto community to Donald Trump’s win in the U.S. presidential election was largely positive.However, those within the industry are eager for him to fulfill promises made during the campaign, including freeing Ross Ulbricht and firing SEC Chair Gary Gensler.