BTC Below $62,000 Flags $665M in Long Liquidations; Above $66,000 Sees $840M

Bitcoin dipping below $62,000 could trigger cumulative long liquidations of $665 million on major centralized exchanges, Coinglass data show on Feb. 24. A break above $66,000 would put cumulative short liquidation exposure at $840 million across major CEXs, according to the data.