If bitcoin breaks above $71,000, mainstream CEX will have $558 million in short orders to liquidate
According to Coinglass data, based on current mainstream CEX contract positions, if bitcoin breaks through $71,000, mainstream CEX will have $558 million in short orders to liquidate. If bitcoin falls to $67,000, mainstream CEX will have $1.229 billion in long orders to liquidate.
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
Yilihua: Three Factors Including Strengthened Wall Street Consensus Drive Bullish Outlook for Ethereum
Analysis: Bitcoin "accumulator" addresses have added 75,000 bitcoins this month
Jupiter Lend has officially ended its closed beta and is now open source.
The US Congress urges the SEC to allow Bitcoin and cryptocurrencies to be included in 401(k) retirement plans.