Data: If BTC drops below $67,343, the total long liquidation strength on mainstream CEXs will reach $1.572 billion.
ChainCatcher reports that, according to Coinglass data, if BTC drops below $67,343, the total long liquidation strength on major CEXs will reach $1.572 billion. Conversely, if BTC breaks above $74,259, the total short liquidation strength on major CEXs will reach $921 million.
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And what is this a few hours later??? 🤔
Nasty business.