Data: If Bitcoin falls to $50,000, mainstream CEX will have $658 million in long orders liquidated
Bitget2024/07/08 05:12
According to ChainCatcher, based on Coingalss data, based on the current mainstream CEX contract positions, if Bitcoin falls to around $50,000, it is estimated that CEX will have $658 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 $58,000, it is estimated that $1.522 billion in short orders will be liquidated.
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