According to ChainCatcher, data from Coinglass shows that if BTC drops below $73,631, the cumulative liquidation intensity of long positions on major CEXs will reach $1.66 billion. Conversely, if BTC breaks above $81,231, the cumulative liquidation intensity of short positions on major CEXs will reach $1.629 billion.
BTC Breaks $73,631, Triggering $1.66B in Long Liquidations on Major CEXs
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Summary
Bitcoin surpassed $73,631, triggering $1.66 billion in long liquidations across major centralized exchanges, according to Coinglass data. On-chain trading signals suggest further downside could accelerate forced exits. Meanwhile, short liquidations could reach $1.629 billion if BTC rises above $81,231. Long-term investment strategies may require recalibration amid changing leverage levels.
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