If Bitcoin falls below $57,000, the cumulative long order liquidation intensity of mainstream CEX will reach 607 million
On August 15th, according to Coinglass data, if Bitcoin falls below $57,000, the cumulative liquidation intensity of mainstream CEX long positions will reach 607 million. Conversely, if Bitcoin breaks through $59,000, the cumulative liquidation intensity of mainstream CEX short positions will reach 217 million.
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