ChainCatcher cited Coinglass data showing two key Bitcoin price levels tied to large liquidation pressure on major centralized exchanges. If BTC breaks above $66,344, cumulative short liquidations across major CEXs could reach $1.103 billion. On the downside, if BTC falls below $60,065, cumulative long liquidations could total $1.072 billion. The figures highlight the scale of leveraged positions clustered around both levels, based on data referenced in the ChainCatcher report.
ChainCatcher, citing Coinglass data, reported that cumulative short liquidations across major centralized exchanges could reach $1.103 billion if BTC moves above $66,344.
On the other side, if BTC drops below $60,065, cumulative long liquidations across major CEXs could hit $1.072 billion.
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