Bitcoin Margin Calls Loom as Key Price Thresholds Approach
A recent analysis from Coinglass data suggests that if Bitcoin (BTC) falls below $60,319, major cryptocurrency exchanges (CEX) could face a total of $1.305 billion in margin calls for long positions.
On the other hand, if BTC were to break through $66,624, CEXs would be dealing with a total of $10.59 billion in margin calls for short positions.