If Bitcoin falls below $97,000, the total liquidation strength of mainstream CEX long positions will reach $983 million
According to Coinglass data, if Bitcoin falls below $97,000, the total liquidation strength of long positions on mainstream CEX will reach $983 million. Conversely, if Bitcoin rebounds and breaks through $102,000, the total liquidation strength of short positions on mainstream CEX will reach $1.402 billion.
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
Advanced Energy targets non-GAAP gross margin expansion to about 43% in investor presentation
Australian Dollar surges to July 8 high vs New Zealand Dollar after Aussie GDP, RBNZ
Iron Ore Falls on Expectations of Strong Supply -- Market Talk