According to ChainCatcher, data from Coinglass shows that if BTC falls below $86,613, the cumulative long position liquidation volume on major CEXs will reach $1.227 billion. Conversely, if BTC breaks above $95,127, the cumulative short position liquidation volume on major CEXs will reach $660 million.
Data: BTC Below $86,613 Could Trigger $1.227B Long Liquidations on Major CEXs
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Summary
ChainCatcher reports that Coinglass data indicates that if BTC falls below $86,613, it may trigger $1.227 billion in long liquidations on major centralized exchanges (CEXs). On-chain trading signals suggest that if BTC rises to $95,127, it could result in $660 million in short liquidations. Traders are advised to closely monitor these levels for potential market shifts. Given the heightened volatility, long-term investment strategies may need to be adjusted.
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