According to BlockBeats, on June 7th, Coinglass data shows that if Bitcoin breaks through $106,000, the cumulative short liquidation intensity on mainstream CEX will reach $1.141 billion. If Bitcoin falls below $103,000, the cumulative long liquidation intensity on mainstream CEX will reach $1.388 billion. The liquidation chart shows the degree of impact when the price reaches a certain level, with higher liquidation bars indicating that price changes will trigger a stronger market response.
Bitcoin Price Fluctuations May Trigger Over $1.1 Billion Liquidation
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