If Bitcoin drops to 50,000 US dollars, the mainstream CEX will have a liquidation of 449 million US dollars in long positions

According to Coingalss data, based on the current mainstream CEX contract positions, if Bitcoin falls to around 50,000 US dollars, it is expected that CEX will have 449 million US dollars of long positions liquidated. On the other hand, in a unilateral downward trend, as long positions decrease and short positions increase, if Bitcoin rebounds to around 56,000 US dollars, it is expected that there will be 772 million US dollars of short positions liquidated.