Coinglass data shows two key Bitcoin price levels tied to sizable liquidation pressure on major centralized exchanges. If BTC rises above $65,757, cumulative short liquidation intensity across major CEXs would reach $1.758 billion. On the downside, if BTC falls below $60,037, cumulative long liquidation intensity would hit $1.482 billion. The figures highlight how much leveraged positioning is clustered around those two levels, with short exposure concentrated above the upper threshold and long exposure building below the lower one. The data cited in the report was attributed by ChainCatcher to Coinglass.
ChainCatcher reported, citing Coinglass data, that cumulative short liquidation intensity across major centralized exchanges would reach $1.758 billion if BTC breaks above $65,757.
If BTC drops below $60,037, cumulative long liquidation intensity across major CEXs would reach $1.482 billion, according to the same data.
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.