coin-img-XAUTXAUT+1.33%coin-img-HYPEHYPE-0.44%coin-img-PAXGPAXG+1.39%coin-img-WLFIWLFI-4.46%coin-img-ASTERASTER+7.85%coin-img-ONDOONDO-0.61%coin-img-ZAMAZAMA-19.45%coin-img-POKEEPOKEE+133.56%coin-img-XAUTXAUT+1.33%coin-img-HYPEHYPE-0.44%coin-img-PAXGPAXG+1.39%coin-img-WLFIWLFI-4.46%coin-img-ASTERASTER+7.85%coin-img-ONDOONDO-0.61%coin-img-ZAMAZAMA-19.45%coin-img-POKEEPOKEE+133.56%coin-img-XAUTXAUT+1.33%coin-img-HYPEHYPE-0.44%coin-img-PAXGPAXG+1.39%coin-img-WLFIWLFI-4.46%coin-img-ASTERASTER+7.85%coin-img-ONDOONDO-0.61%coin-img-ZAMAZAMA-19.45%coin-img-POKEEPOKEE+133.56%coin-img-XAUTXAUT+1.33%coin-img-HYPEHYPE-0.44%coin-img-PAXGPAXG+1.39%coin-img-WLFIWLFI-4.46%coin-img-ASTERASTER+7.85%coin-img-ONDOONDO-0.61%coin-img-ZAMAZAMA-19.45%coin-img-POKEEPOKEE+133.56%

Bitcoin Move Below $65,000 or Above $69,000 May Trigger Hundreds of Millions in CEX Liquidations

A Bitcoin drop below $65,000 could trigger about $675 million in cumulative long liquidations on major centralized exchanges, while a climb above $69,000 could trigger $905 million in short liquidations, Coinglass data show. BlockBeats reports the liquidation chart does not display precise contract numbers or exact notional values to be liquidated, with each bar representing the relative intensity of a liquidation cluster compared with nearby clusters. Higher bars indicate stronger potential price reactions when the asset reaches those thresholds.
Selected
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.