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Bitcoin Price Movement: Potential $1.819 Billion Long Liquidation Below $62,000 According to Coinglass Data Coinotag 25 sept. 2024

Bitcoin Price Movement: Potential $1.819 Billion Long Liquidation Below $62,000 According to Coinglass Data 📉

CoinGlass Bitcoin

On September 25, Coinglass analytics indicated that the current mainstream CEX long order liquidation intensity significantly overshadows that of short orders.

Should Bitcoin's value drop below $62,000, the cumulative liquidation could reach up to $1.819 billion.

This reflects the market's potential vulnerability to significant price swings and the impact of large-scale liquidations on mainstream exchanges.

Sursă: en.coinotag.com ↗

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