Analyst: If BTC hits $70,356, $74.83 million of short positions will be liquidated

2024-07-29 12:34

Odaily News According to data disclosed by on-chain analyst Ali, many people are shorting Bitcoin. If BTC reaches $70,356, $74.83 million of short positions will be liquidated.

Source Link

Recommended Articles

Was buying ZEC a ploy to dump BTC? 4 industry truths behind the surge in privacy coins.

One-week token unlock: ENA will unlock approximately 3.1% of its circulating supply.

Gate Research Institute: Capitalized Crypto Beliefs and the Sustainability of Crypto Treasury Models

Why do we still need Bitcoin 17 years later?

Pro

From 0 to 1: Deploying your first AI application on Gonka

Ten-Day Review of the AI Trading Competition: An Open Class on Trends, Discipline, and Greed

Crypto VC in the cracks: liquidity dilemma, ecological reconstruction and breaking through the new cycle

From the spotlight to the edge: The bubble burst of 8 star VC-backed projects

24-Hour Flash News

2025-11-02 06:11

Binance Alpha will list Dino Tycoon (TYCOON).

2025-11-02 06:08

Binance will adjust leverage and margin levels for several contracts.

2025-11-02 05:56

ZK rose above $0.064, surging over 45% on the day.

2025-11-02 05:30

Planet Midday News

2025-11-02 05:02

Financial Times: EU to Expand Regulation of Stock and Cryptocurrency Exchanges

2025-11-02 04:24

Polymarket predicts that today's "League of Legends T1 vs TES" match will generate over $2.7 million in trading volume.

Important News