ChainCatcher, citing data from Coinglass, said Bitcoin faces heavy liquidation pressure on both sides of the market at key price levels on major centralized exchanges. If BTC falls below $61,456, the cumulative long liquidation intensity would reach $1.527 billion. On the upside, if BTC breaks above $67,576, the cumulative short liquidation intensity would hit $1.422 billion. The figures point to two price zones where forced position unwinds could accelerate sharply, according to the cited data. No additional timeframe or exchange-level breakdown was provided in the brief update.
Bitcoin could see $1.527 billion in cumulative long liquidations across major centralized exchanges if it drops below $61,456, according to Coinglass data cited by ChainCatcher.
On the other side, if BTC rises above $67,576, cumulative short liquidation intensity on major CEXs would reach $1.422 billion.
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