Coinglass data cited by ChainCatcher shows that Bitcoin could trigger a large wave of liquidations on major centralized exchanges at two key price levels. If BTC rises above $85,812, cumulative short liquidation intensity across major CEXs would reach $2.449 billion. On the downside, if BTC falls below $77,664, cumulative long liquidation intensity would reach $1.375 billion. The figures highlight two closely watched liquidation zones for the market, based on Coinglass tracking referenced in the report. No additional timeframe or exchange-by-exchange breakdown was provided in the source. The update was published by ChainCatcher under its market analysis category.
ChainCatcher, citing data from Coinglass, reported that if BTC breaks above $85,812, cumulative short liquidation intensity across major centralized exchanges would reach $2.449 billion.
Conversely, if BTC falls below $77,664, cumulative long liquidation intensity across major centralized exchanges would reach $1.375 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.