If Bitcoin falls to $55,000, expect $620 million in long liquidations across CEX contracts
According to the data, based on current mainstream CEX contract positions, if the price of bitcoin falls to near $55,000, it is expected that $620 million of long orders will be liquidated in various CEX contracts.
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
Anthropic's Path to the Public Markets Just Got 2 New Developments
WLD’s 15% price surge follows World Network’s launch of ‘World Money’ Super App
In the coming month, you will see bitcoin prices starting with '10', or even double eleven!
Meta (META.US) data center's first high-yield bond is oversubscribed more than four times, strong demand drives premium issuance
The first junk bond issuance by the data center division of Meta Platforms attracted demand over four times the transaction size, with its enticing yields drawing in investors.
Crypto prices
More
