Data: If BTC falls below $70,721, the cumulative long position liquidation intensity on major CEXs will reach $1.644 billion
According to Coinglass data, if BTC falls below $70,721, the cumulative long liquidation intensity on mainstream CEX will reach $1.644 billion. Conversely, if BTC breaks above $78,068, the cumulative short liquidation intensity on mainstream CEX will reach $1.25 billion.