Data: If Bitcoin breaks through $80,000, the total liquidation strength of mainstream CEX short positions will reach 786 million.
According to Coinglass data, if Bitcoin breaks through $80,000, the liquidation strength of mainstream CEX short positions will reach 786 million yuan; conversely, if it falls below $77,000, the long position liquidation strength will reach 877 million yuan. The liquidation bars display the liquidation intensity, reflecting the extent of the market impact caused by price movements.
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Better close shorts!