ChainCatcher, citing data from Coinglass, reported two key liquidation levels for Bitcoin across major centralized exchanges. If BTC falls below $61,359, cumulative long liquidation intensity could reach $667 million. On the upside, if BTC breaks above $67,139, cumulative short liquidation intensity could hit $628 million. The figures point to two price zones where forced liquidations may accelerate, depending on the direction of the move. The report did not add further market commentary beyond the Coinglass data points.
ChainCatcher, citing Coinglass data, said cumulative long liquidation intensity across major centralized exchanges could reach $667 million if BTC falls below $61,359.
On the other hand, cumulative short liquidation intensity across major centralized exchanges could reach $628 million if BTC rises above $67,139.
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