If BTC Falls Below $56,539, Major CEX Long Liquidations Could Hit $1.388 Billion

BTC-1.31%
According to Coinglass data, if BTC falls below $56,539, the cumulative long liquidation strength across major CEXs would reach $1.388 billion. Conversely, if BTC breaks above $62,404, the cumulative short liquidation strength across major CEXs would reach $1.123 billion.
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