If BTC surpasses $95,264, the total short liquidation volume on major CEXs will reach $1.616 billions.
According to a report by Jinse Finance, data from Coinglass shows that if BTC breaks through $95,264, the cumulative short liquidation intensity on major CEXs will reach $1.616 billion. Conversely, if BTC falls below $86,708, the cumulative long liquidation intensity on major CEXs will reach $1.169 billion.
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Jack Mallers stated that bitcoin is the best choice for hard asset allocation.
