BTC Nears $59,408 Level, $1.514B in Long Liquidations at Risk Across Major CEXs

ChainCatcher cited Coinglass data showing that a drop in BTC below $59,408 could trigger about $1.514 billion in long liquidations across major centralized exchanges. On the upside, a move above $65,371 could lead to roughly $596 million in short liquidations on major CEXs.