Bitcoins Impact on CEX Liquidation: Analyzing Order Intensity

According to BlockBeats news, if Bitcoin falls below $72,000, the cumulative long order liquidation intensity of mainstream CEX will reach $1.777 billion, while if it exceeds $75

,000, the cumulative short order liquidation intensity will reach $339 million. This data suggests that the underlying price will be affected when it reaches a certain position.

Source

Ripples CLO Alderoty Congratulates Trump on Crypto-friendly Policies

Unveiling OpenSea 20: The NFT Marketplaces Big Comeback

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Crypto Fear & Greed Index