If BTC Drops Below $69,931, Major CEX Long Liquidations Could Hit $1.3B: Coinglass

BTC-0.05%
According to Coinglass data, if Bitcoin drops below $69,931, cumulative long liquidations across major centralized exchanges would reach $1.3 billion. Conversely, should BTC break above $77,206, cumulative short liquidations would reach $1.224 billion.
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