Data: If BTC falls below 59,408 USD, the cumulative long liquidation intensity on major CEX will reach 1.514 billion USD
According to Coinglass data, if BTC falls below $59,408, the cumulative long liquidation intensity on mainstream CEX will reach $1.514 billion. Conversely, if BTC breaks above $65,371, the cumulative short liquidation intensity on mainstream CEX will reach $596 million.
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