Bitcoin price movements could lead to significant liquidations in major exchanges
According to ChainCatcher, data from Coinglass indicates that if the price of Bitcoin exceeds $94,066, the cumulative liquidation density of short positions in major centralized exchanges will reach $1.898 billion. Conversely, if the price of Bitcoin falls below $85,136, the cumulative liquidation density of long positions in these exchanges will reach $1.027 billion.
