If Bitcoin surpasses the $80,000 mark, the cumulative liquidation intensity of long positions on major centralized exchanges (CEXs) could reach $777 million, according to Coinglass data. Conversely, a drop below $76,000 would result in $634 million in long liquidation pressure. The liquidation chart indicates the relative intensity of liquidation clusters, suggesting significant price reactions at these levels.
Bitcoin's Potential Surge to $80,000 Could Trigger $777M in Liquidations
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
