According to ChainCatcher, data from Coinglass shows that if BTC falls below $62,139, the total liquidation value of long positions on major CEXs will reach $1.697 billion. Conversely, if BTC breaks above $68,619, the total liquidation value of short positions on major CEXs will reach $458 million.
BTC price below $62,139 could trigger $1.697B in long liquidations on major CEXs.
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Summary
BTC price action below $62,139 could trigger $1.697B in long liquidations across major CEXs, according to Coinglass data. Long-term investors should monitor this level closely. If BTC rises above $68,619, short liquidations could reach $458 million. Price action remains critical for near-term volatility.
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