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Mainstream CEX Cumulative Short Order Liquidation Intensity to Reach 1.286 Billion if Bitcoin Breaks Record Highs

Mainstream CEX Cumulative Short Order Liquidation Intensity to Reach 1.286 Billion if Bitcoin Breaks Record Highs

Bitget2024/10/31 07:15

On Oct. 31, if Bitcoin breaks above $73,777 to a new all-time high, the cumulative short order liquidation strength of mainstream CEX will reach 1.286 billion, according to Coinglass. Conversely, if Bitcoin falls below $70,000, the cumulative long liquidation strength of mainstream CEX will reach 1.815 billion.

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