Data: If BTC breaks through $70,719, the total liquidation strength of mainstream CEX short positions will reach $1.355 billion.

BTC0,1%

ChainCatcher reports that, according to Coinglass data, if BTC breaks above $70,719, the total liquidation strength of long positions on major CEXs will reach $1.355 billion. Conversely, if BTC drops below $64,076, the total liquidation strength of short positions on major CEXs will reach $1.25 billion.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Three Major "Narrative Barriers" May Limit Strategic Bitcoin Expansion: Centralization Risks, Quantum Threats, and Diversification Concerns

Strategy is poised to become the largest corporate bitcoin holder, but faces concentration risk, quantum computing threats, and portfolio diversification issues that could impact its ability to increase holdings. Analysts point out these are key areas of concern, yet there are no signs indicating they will trigger large-scale risk.

GateNews7m ago

"Silver Iron Bullhead Air Force" Whale Takes Partial Profits as BTC Pulls Back to $71,000, Closing Position of $13.5 Million

On March 25, Gate News reported that according to Hyperinsight monitoring, a whale reduced their position by 190 BTC when BTC briefly pulled back to $71,000, closing the position with a profit of approximately $340,000. The remaining BTC long position of $27.6 million has an unrealized gain of $726,000, while the whale also closed a $3.1 million gold long position.

GateNews13m ago

Bitcoin Should Be $280,000: Real Estate Mogul Grant Cardone - U.Today

Grant Cardone believes Bitcoin is undervalued and should be priced at $280,000, with plans to hold 10,000 BTC. Meanwhile, Tom Lee's Bitmine outpaced Michael Saylor's Strategy in crypto acquisitions, focusing more on Ethereum.

UToday21m ago
Comment
0/400
No comments