Bitcoin Price Movements Could Trigger Significant Liquidations on Major Exchanges

According to ChainCatcher, data from Coinglass indicates that if Bitcoin surpasses $94,066, the cumulative liquidation intensity of short positions on major centralized exchanges will reach $1. 898 billion. Conversely, if Bitcoin falls below $85,136, the cumulative liquidation intensity of long positions on these exchanges will amount to $1. 027 billion. source: https://www.binance.com/en/square/post/33332855217378?utm_source=BinanceNewsRSS