According to ChainCatcher, data from Coinglass shows that if BTC breaks above $100,824, the cumulative short position liquidation volume on major CEXs will reach $2.068 billion. Conversely, if BTC falls below $91,760, the cumulative long position liquidation volume on major CEXs will reach $1.581 billion.
Data: BTC Breaking Above $100,824 Could Trigger $2.068 Billion in Short Liquidations
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Summary
According to ChainCatcher data, if the BTC price breaks above $100,824, it could trigger $2.068 billion in short liquidations. Mainstream centralized exchanges (CEXs) may observe a shift in positions if the BTC market shows a bullish breakout. Conversely, a drop below $91,760 could result in $1.581 billion in long liquidations.
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