Bitcoin Price Breakthrough at $67,000 Could Trigger $1.36 Billion in Short Liquidations

According to ChainCatcher, if Bitcoin surpasses the $67,000 mark, the cumulative short liquidation intensity across major centralized exchanges (CEX) will reach $1.36 billion. Conversely, if Bitcoin falls below $62,000, the cumulative long liquidation intensity could rise to $2.078 billion. This highlights the significant potential for market volatility based on Bitcoin's price movements.