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Matrixport: Bitcoin’s forced liquidation scale remains low overall

Source: ForesightNews
Matrixport tweeted that the overall scale of forced liquidation of Bitcoin remained at a low level, and even if the price fell to a lower level, this year it was only released in a concentrated manner during the decline caused by tariff news in March and the rebound in April. When the recent correction to $106,000, there was no large-scale closing of positions, reflecting that the leverage level of the futures market is still relatively healthy. The downward pressure is limited, and the center of risk has turned upward; if the price continues to rise, the concentrated stop loss market triggers, which may further drive the rise of Bitcoin.
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