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Crypto

Bitcoin Plunge Triggers $608M Margin Call Across Major Exchanges

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BTC
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Data indicates that if BTC falls below $61,237, major CEX exchanges will face a collective margin call of $608 million.

This threshold is based on current market conditions and would trigger a significant increase in liquidations across the board.

As the cryptocurrency market continues to experience volatility, investors are closely monitoring these key levels to gauge the overall health of the market.

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