If Bitcoin falls below $62,000, the total liquidation strength of mainstream CEX long positions will reach $1.819 billion
According to Coinglass data, the current mainstream CEX long liquidation strength is significantly higher than short. If Bitcoin falls below $62,000, the cumulative long liquidation strength of mainstream CEX will reach 1.819 billion. Conversely, if Bitcoin breaks through $66,000, the cumulative short liquidation strength of mainstream CEX will reach 1.005 billion.
Note: The liquidation chart does not show the exact number of contracts pending for liquidation or the precise value of contracts that have been liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby clusters, i.e., its strength.
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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