On-chain data from Coinglass reveals that if Bitcoin's price surpasses $92,167, it could lead to $2.108 billion in short liquidations across major centralized exchanges (CEXs). Conversely, a decline below $83,427 might result in $1.367 billion in long liquidations. These potential liquidations highlight the growing imbalances in BTC positions as traders closely monitor price movements.
BTC Breakout Above $92,167 May Trigger $2.1B in Short Liquidations
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