BTC price triggers CEX liquidations

Feb 25, Coinglass data shows if BTC breaks $660K, mainstream CEX short liquidation intensity reaches $15.93B. If BTC drops below $620K, long liquidation intensity hits $717M.

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$205 million has been liquidated from the cryptocurrency market in the past hours.

#Bitcoin price triggers liquidations on centralized exchanges

#Morgan Stanley launches separate Bitcoin ETF fund

#Private credit pressure risks threaten cryptocurrencies

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Data: If BTC breaks above $66,406, the total liquidation intensity of short positions on major CEXs will reach $1.728 billion. According to Coinglass data, if BTC breaks above $66,406, the total liquidation intensity of short positions on major CEXs will reach $1.728 billion. Conversely, if BTC falls below $60,242, the total liquidation intensity of long positions on major CEXs will reach $798 million.

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