If Bitcoin breaks through $68,000, the mainstream CEX will have $801 million in short positions liquidated
According to Coingalss data, based on the current mainstream CEX contract positions, if Bitcoin rebounds and breaks through $68,000, it is expected that $801 million worth of short positions will be liquidated. If Bitcoin falls to around $63,000, it is anticipated that approximately $1.558 billion in long positions will be liquidated.
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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