If Bitcoin breaks new highs, the total liquidation strength of mainstream CEX short positions will reach 386 million
According to Coinglass data, if Bitcoin breaks through the historical high of $73,777, the total liquidation strength of short positions in mainstream CEX will reach 386 million. Conversely, if Bitcoin falls below $68,000, the total liquidation strength of long positions in mainstream CEX will reach 486 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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