BTC Breaks $66,000, Could Trigger $1.593B in Short Liquidations on Major CEXs

KuCoinFlash

Release Time: 02/24/2026 16:15:46

BTC

$67,441.700.69%

Summary

BTC breaking above $66,000 could trigger $1.593 billion in short liquidations across major centralized exchanges, according to Blockbeats. BTC dominance remains critical, as a drop below $62,000 may lead to $717 million in long liquidations. Liquidation charts show clusters of potential liquidations but not exact values, highlighting possible market reactions at key price levels.

BlockBeats news, on February 25, according to Coinglass data, if Bitcoin breaks above $66,000, the cumulative liquidation strength of long positions on major CEXs will reach $1.593 billion.

Conversely, if Bitcoin falls below $62,000, the cumulative long liquidation pressure on major CEXs will reach $717 million.

BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of liquidated contracts. The bars on the liquidation chart represent the relative importance, or intensity, of each liquidation cluster compared to neighboring clusters.

Therefore, the liquidation chart shows how significantly the price will be affected when it reaches a certain level. Higher "liquidation bars" indicate that the price will trigger a stronger reaction due to a wave of liquidity when it arrives.

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