According to ChainCatcher, data from Coinglass shows that if BTC breaks above $68,773, the total liquidation value of long positions on major CEXs will reach $1.759 billion. Conversely, if BTC falls below $62,581, the total liquidation value of short positions on major CEXs will reach $751 million.
BTC breaking above $68,773 could trigger $1.759 billion in short liquidations.
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Summary
A BTC price break above $68,773 could trigger $1.759B in short liquidations across major centralized exchanges. If BTC price drops below $62,581, long liquidations could reach $751M. BTC dominance remains a key indicator of market direction.
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