Data: If BTC falls below $58,994, the cumulative long position liquidation intensity on major CEX will reach $1.225 billion
According to Coinglass data, if BTC falls below $58,994, the cumulative long liquidation intensity on mainstream CEX will reach $1.225 billion. Conversely, if BTC breaks above $64,649, the cumulative short liquidation intensity on mainstream CEX will reach $1.047 billion.
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