According to recent data from Coinglass, Bitcoin's price movements are poised to trigger significant liquidation events on centralized exchanges. If Bitcoin falls below $61,000, long orders could face liquidations totaling approximately $653 million. Conversely, breaking the $64,000 mark could lead to short orders facing an even larger liquidation of about $848 million.
Stay vigilant as these thresholds could mean substantial shifts in the market!
