If Bitcoin falls to $50,000, mainstream CEX will have $489 million in long orders liquidated
Odaily2024/07/05 07:04
By:Odaily
Odaily News Coingalss data shows that based on the current mainstream CEX contract positions, if
Bitcoin falls to around $50,000, it is estimated that CEX will have $489 million in long orders liquidated. On the other hand, under a unilateral downward trend, as long orders decrease, short orders increase. If Bitcoin rebounds to around $56,000, it is expected that $791 million in short orders will be liquidated.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Musk: I'm beginning to think that the Department of Government Efficiency (DOGE) has real potential
Cointime•2024/11/16 08:44
The total market value of stablecoins increased by 2.46% in the past week
Cointime•2024/11/16 08:44
US spot Ethereum ETF had a net outflow of US$59.86 million yesterday
Cointime•2024/11/16 08:44
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$91,276.09
+2.29%
Ethereum
ETH
$3,116.76
+0.44%
Tether USDt
USDT
$1
+0.02%
Solana
SOL
$218.44
+2.47%
BNB
BNB
$621.96
-0.28%
XRP
XRP
$1.02
+26.76%
Dogecoin
DOGE
$0.3741
-0.54%
USDC
USDC
$0.9998
-0.01%
Cardano
ADA
$0.7303
+22.76%
TRON
TRX
$0.1923
+6.04%
Bitget pre-market
Buy or sell coins before they are listed, including ZRC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now