On July 8th, according to Coingalss data, according to the current mainstream CEX contract position, if Bitcoin falls to the vicinity of 50,000 dollars, it is expected that CEX will have 658 million dollars of multi-order liquidation.
On the other hand, under the unilateral downward trend, as the number of orders decreases, the number of empty orders increases. If Bitcoin rebounds to the vicinity of 58,000 US dollars, it is expected that there will be 1.522 billion US dollars short orders liquidated.
If Bitcoin falls to $50,000, the mainstream CEX will have $658 million multiple orders cleared
2024-07-08 04:42:35
News coingalss data current mainstream cex contract holding situationdesk3cryptocurrencydesktopCrypto News
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