Mainstream CEX Cumulative Short Order Liquidation Intensity to Reach 1.286 Billion if Bitcoin Breaks Record Highs
On Oct. 31, if Bitcoin breaks above $73,777 to a new all-time high, the cumulative short order liquidation strength of mainstream CEX will reach 1.286 billion, according to Coinglass. Conversely, if Bitcoin falls below $70,000, the cumulative long liquidation strength of mainstream CEX will reach 1.815 billion.
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
Ripple stablecoin RLUSD expands to L2 networks, adopts Wormhole's NTT standard
Nvidia rises about 1.5% in US pre-market trading
Strive raises SATA perpetual preferred stock dividend from 12% to 12.25%
BitMine increased its holdings by 102,259 ETH last week, bringing the total to over 3.967 million ETH.