Data: If BTC breaks through $71,603, the total liquidation strength of long positions on mainstream CEXs will reach $1.041 billion.

BTC-0,28%

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $71,603, the total liquidation strength of short positions on major CEXs will reach $1.041 billion. Conversely, if BTC drops below $65,219, the total liquidation strength of long positions on major CEXs will reach $860 million.

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

Whale 1EnPnm Withdraws 460 BTC Worth $32.41M from CEX After 3-Month Break

Gate News bot message, Whale 1EnPnm withdrew 460 BTC valued at $32.41 million from a centralized exchange after three months of inactivity. The withdrawal marks the whale's return to on-chain activity following an extended dormant period.

GateNews24m ago

Why Did the Crypto Market Decline Today? Bitcoin's Key Support at Critical Level, WLD Drops Over 10%

The cryptocurrency market has come under pressure recently, with total market capitalization retreating to 2.4 trillion dollars, while Bitcoin price hovers around 70,600 dollars. Market sentiment remains cautious, particularly with Worldcoin declining over 10%. In the short term, key support levels will influence market movements. If support breaks down or declines further to 2.32 trillion dollars, conversely, a strong rebound or recovery could occur if resistance is overcome.

GateNews25m ago

Oil Price Shock Coupled with War Risk, Bitcoin Key Support in Critical Condition: 65K May Be Next Target

Middle East tensions escalating and surging energy prices have impacted global markets, with Bitcoin experiencing significant price volatility and briefly breaking below $69,000. Federal Reserve policy has intensified market pressure, with analysts believing that rising energy prices will constrain asset performance, particularly Bitcoin. Currently, Bitcoin's trajectory depends on the macroeconomic environment, with $69,000 serving as a key short-term support level.

GateNews27m ago

Russian $3 Million Crypto Scam Exposed: Celebrities and Boxers Among Victims, Mastermind Sentenced to 6 Years

A Russian businessman was sentenced to six years for cryptocurrency investment fraud involving over $3 million, with victims including renowned actors and boxers. The fraud scheme employed a classic Ponzi structure, and prosecutors vow to intensify crackdowns on such crimes. Market participants are urged to remain vigilant against promises of high returns and scrutinize fund flows.

GateNews34m ago
Comment
0/400
No comments