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If Bitcoin breaks through its all-time high, the cumulative short order liquidation intensity of mainstream CEX will reach 1.286 billion

If Bitcoin breaks through its all-time high, the cumulative short order liquidation intensity of mainstream CEX will reach 1.286 billion

CointimeCointime2024/10/31 06:33
By:Cointime

On October 31st, according to Coinglass data, if Bitcoin breaks through $73,777 to create a new historical high, the cumulative short liquidation intensity of mainstream CEX will reach 1.286 billion.

On the other hand, if Bitcoin falls below $70,000, the cumulative long liquidation intensity of mainstream CEX will reach 1.815 billion.

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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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