According to ChainCatcher, data from Coinglass shows that if BTC falls below $64,869, the total liquidation value of long positions on major CEXs will reach $1.604 billion. Conversely, if BTC breaks above $71,677, the total liquidation value of short positions on major CEXs will reach $1.336 billion.
BTC below $64,869 could trigger $1.604 billion in long liquidations on major centralized exchanges.
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Summary
According to on-chain trading signals, if BTC falls below $64,869, long position liquidations on major CEXs could reach $1.604 billion. A move above $71,677 may trigger $1.336 billion in short liquidations. Long-term investment strategies may need to be adjusted in light of these levels.
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