Bitcoin Price Breakout at $67,000 Could Lead to $1.36 Billion in Short Liquidations
According to ChainCatcher, if Bitcoin breaks above $67,000, the cumulative short liquidation density across major centralized exchanges (CEXs) will reach $1.36 billion. Conversely, if Bitcoin drops below $62,000, the cumulative long liquidation density could rise to $2.078 billion. This highlights the significant potential for market volatility based on Bitcoin price movements.
