DATA: Mainstream CEX Accumulated Long Liquidation Intensity Would Reach 374 Million If Bitcoin Falls Below $78,000
According to data from Coinglass, mainstream CEX accumulated long liquidation intensity would reach 374 million if bitcoin falls below $78,000.
Conversely, if Bitcoin breaks above $82,000, the cumulative short liquidation strength of mainstream CEX would be 281 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
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.