Data: Mainstream CEX Will Liquidate 607 Million More Orders If Bitcoin Falls Below $57,000
According to Coinglass, if Bitcoin falls below $57,000, there will be 607 million long liquidations on the mainstream CEX. If Bitcoin breaks above $59,000, 217 million short orders will be liquidated on the mainstream CEX.
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.
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