Bitcoin Below $60K Could Trigger $823M in CEX Long Liquidations, Coinglass Data Shows

BTC-3.78%
According to Coinglass data on June 9, if Bitcoin drops below $60,000, major CEX long positions would face cumulative liquidations of $823 million. Conversely, if BTC breaks above $64,000, short positions could see $981 million in liquidations.
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