Bitcoin Breakthrough Could Unleash $1.7 Billion in Shorts Liquidation
Data from Coinglass suggests that if Bitcoin (BTC) were to break through $65,757, the cumulative liquidation intensity of shorts on major CEXs would reach $1.758 billion.
In contrast, if BTC were to plummet below $60,037, the cumulative liquidation intensity of longs on major CEXs would total $148.2 million.