$BTC BTC Price Swings May Cause Massive Liquidations on Top Exchanges

Data from Coinglass, reported by BlockBeats, shows that a drop in $BTC price below 101,000∗∗couldtriggernearly∗∗101,000∗∗couldtriggernearly∗∗1 billion (996million)∗∗inlongpositionliquidationsacrossmajorcentralizedexchanges($CHZ ).Ontheotherhand,ifBitcoinclimbsabove∗∗996million)∗∗inlongpositionliquidationsacrossmajorcentralizedexchanges(CEX).Ontheotherhand,ifBitcoinclimbsabove∗∗103,000, around $247 million in short positions could face liquidation.