Bitcoin Liquidations: $442M Short Shorts at Risk Above $62K, $818M Longs Below $58K

BTC2.84%

According to Coinglass data, on July 1, if Bitcoin breaks above $62,000, cumulative short liquidation intensity on major centralized exchanges will reach $442 million.

Conversely, if Bitcoin drops below $58,000, cumulative long liquidation intensity will reach $818 million.

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