If Bitcoin breaks through $72,000, the total liquidation strength of mainstream CEX short positions will reach 474 million.
According to BlockBeats, if Bitcoin breaks through $72,000, mainstream CEXs will liquidate $474 million in short positions; if it drops below $68,000, they will liquidate $859 million in long positions. The liquidation chart shows the strength of liquidity response after the price reaches a certain zone.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
And double liquidation if $BTC drops bellow 68,000