According to ChainCatcher, data from Coinglass shows that if BTC breaks above $83,482, the total liquidation intensity of long positions on major CEXs will reach $2.767 billion. Conversely, if BTC falls below $75,597, the total liquidation intensity of short positions on major CEXs will reach $904 million.
BTC breaking above $83,482 could trigger $2.767 billion in short liquidations on major centralized exchanges.
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Summary
On-chain trading signals indicate that BTC breaking above $83,482 could trigger $2.767B in short liquidations across major centralized exchanges, according to Coinglass data. A drop below $75,597 may result in $904M in long liquidations. Value investing in crypto remains a key strategy as price volatility increases.
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