If Bitcoin falls to $50,000, mainstream CEX will have $489 million in long orders liquidated
Odaily2024/07/05 07:04
By:Odaily
Odaily News Coingalss data shows that based on the current mainstream CEX contract positions, if
Bitcoin falls to around $50,000, it is estimated that CEX will have $489 million in long orders liquidated. On the other hand, under a unilateral downward trend, as long orders decrease, short orders increase. If Bitcoin rebounds to around $56,000, it is expected that $791 million in short orders will be liquidated.
0
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
100% rebate for KYB users: Earn fee rebates on EUR bank deposits!
Bitget Announcement•2025/12/10 08:00
[Initial listing] Bitget to list Talus (US) in the Innovation and AI zone
Bitget Announcement•2025/12/09 15:00
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Announcement•2025/12/09 08:00
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
Bitget Announcement•2025/12/09 03:00
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$91,933.48
+1.44%
Ethereum
ETH
$3,321.78
+5.99%
Tether USDt
USDT
$1
+0.01%
XRP
XRP
$2.06
-0.99%
BNB
BNB
$885.93
-0.28%
USDC
USDC
$0.9997
-0.01%
Solana
SOL
$137.1
+2.91%
TRON
TRX
$0.2790
-0.61%
Dogecoin
DOGE
$0.1454
+2.73%
Cardano
ADA
$0.4632
+3.97%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now