Data: If Bitcoin falls to $50,000, mainstream CEX will have $658 million in long position liquidations
ChainCatcher message, according to Coinglass data, based on the current mainstream CEX contract positions, if Bitcoin falls to around $50,000, it is expected that there will be $658 million in long liquidations on CEX.
On the other hand, in a one-sided downward trend, as long positions decrease and short positions increase, if Bitcoin rebounds to around $58,000, it is expected that there will be $1.522 billion in short liquidations.
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