Data: If BTC breaks through $72,700, the cumulative short liquidation intensity on major CEXs will reach $1.252 billions.
According to ChainCatcher, citing Coinglass data, if BTC breaks above $72,700, the cumulative short liquidation intensity on major CEXs will reach $1.252 billion. Conversely, if BTC falls below $65,860, the cumulative long liquidation intensity on major CEXs will reach $1.117 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
CryptoQuant analyst: BTC holding above $83,000 is key to market recovery
VanEck analyst: Bitcoin sees two historically bullish signals—hashrate decline and negative funding rate
BHT Device Cluster DApp Global Launch, MOVA Ecosystem Application Layer Layout Continues to Advance
