If bitcoin surpasses $82,000, the total liquidation of short positions on major CEXs will reach $1.328 billions.
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According to a report by Jinse Finance on May 5, citing data from Coinglass, if Bitcoin surpasses $82,000, the cumulative short position liquidation intensity on major CEXs will reach $590 million. Conversely, if Bitcoin falls below $78,000, the cumulative long position liquidation intensity on major CEXs will reach $2.048 billion.
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