According to ChainCatcher, data from Coinglass shows that if BTC falls below $67,966, the total liquidation value of long positions on major CEXs will reach $1.502 billion. Conversely, if BTC breaks above $75,021, the total liquidation value of short positions on major CEXs will reach $523 million.
BTC price levels trigger $1.502 billion in long liquidations on major centralized exchanges
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Summary
Bitcoin's price movement is triggering significant liquidations on major centralized exchanges. If BTC falls below $67,966, $1.502 billion in long positions may be liquidated. A move above $75,021 could liquidate $523 million in short positions. These levels underscore key support and resistance levels for traders and long-term investors monitoring Bitcoin’s momentum.
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