According to BlockBeats, data from Coinglass on July 29 indicates that if Bitcoin surpasses $71,000, mainstream centralized exchanges (CEX) will face liquidations of short positions amounting to $558 million. Conversely, if Bitcoin drops to $67,000, these exchanges will see liquidations of long positions totaling $1.229 billion.
Bitcoin Price Movements Could Trigger Significant Liquidations
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BTC
54,377.96
-0.16%
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