If Bitcoin Breaks $61,000, Mainstream CEX Cumulative Liquidation Intensity Will Reach $452 Million
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September 13, 2024
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According to Coinglass data, if Bitcoin rallies above $61,000, major centralized exchanges (CEXs) will see a total liquidation of $452 million in short positions. If Bitcoin falls below $58,000, major CEXs will see a total liquidation of $727 million in long positions.
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