If Bitcoin falls below $55,000, the cumulative long order liquidation intensity of mainstream CEX will reach 746 million 😱

According to Coinglass data, if Bitcoin falls below $55,000, the cumulative long liquidation intensity of mainstream CEX will reach 746 million. On the contrary, if Bitcoin breaks through $58,000, the cumulative short order liquidation intensity of mainstream CEX will reach 900 million.

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