Data: If BTC surpasses $69,638, the total liquidation intensity of short positions on major CEX will reach $1.48 billions.
According to ChainCatcher, data from Coinglass shows that if BTC surpasses $69,638, the cumulative short liquidation on mainstream CEXs will reach $1.48 billion. Conversely, if BTC falls below $63,338, the cumulative long liquidation on mainstream CEXs will reach $956 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.
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