BTC at $70,346 or $77,312 Could Trigger $3.5B in CEX Liquidations

Bitcoin price levels at $70,346 and $77,312 are tied to over $3.5 billion in potential liquidations on major centralized exchanges, Coinglass data show. A drop below $70,346 would liquidate $2.056 billion in long positions, while a move above $77,312 would trigger $1.514 billion in short liquidations.