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TechFlow reported on July 15, according to Coinglass data showing current major CEX futures positions, if Bitcoin rises above $65,000, approximately $732 million in short contracts are expected to be liquidated. If Bitcoin drops to around $61,000, approximately $942 million in long contracts are expected to be liquidated.
According to Coinglass data, based on current major CEX futures positions, if Bitcoin rebounds and breaks above $65,000, approximately $732 million in short positions are expected to be liquidated. If Bitcoin falls to around $61,000, approximately $942 million in long positions are expected to be liquidated.
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