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TechFlow reported on July 4, according to Coinglass data, based on current major CEX futures positions, if Bitcoin drops to around $55,000, approximately $620 million in long positions across various CEXs are expected to be liquidated.
On July 4, according to Coinglass data, based on current major CEX futures positions, if Bitcoin falls to around $55,000, approximately $620 million in long futures positions across various CEXs are expected to be liquidated.
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