If Bitcoin falls below $70,000, the cumulative long order liquidation intensity of mainstream CEX will reach 2.38 billion
By:Cointime
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According to Coinglass data if Bitcoin falls below $70,000, the cumulative liquidation strength of mainstream CEX long positions will reach 2.38 billion; conversely, if Bitcoin breaks through $73,000, the cumulative liquidation strength of mainstream CEX short positions will reach 440 million.
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