Data: If BTC breaks through $70,123, the total liquidation strength of short positions on mainstream CEXs will reach $1.213 billion.

BTC-3,18%

ChainCatcher reports that, according to Coinglass data, if BTC breaks above $70,123, the total liquidation strength of long positions on major CEXs will reach $1.213 billion. Conversely, if BTC drops below $63,963, the total liquidation strength of short positions on major CEXs will reach $595 million.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Warren Buffett bought $17B in US T-bills: A bad omen for Bitcoin price?

Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, said in a CNBC interview this week that his firm purchased approximately $17 billion in US Treasury bills at the latest auction. Is a stock market crash coming and what does it mean for Bitcoin (BTC)? Key takeaways: Berk

Cointelegraph6m ago

Bitcoin Falls to $66K as Trump Signals Further Escalation in Iran

Bitcoin prices fell below $67,000 on Thursday morning, dropping to $66,770 following Donald Trump’s latest update on the war with Iran. “We are on track to complete all of America’s military objectives shortly, very shortly,” the President said at the White House on Wednesday. “We’re going to hit t

CryptoPotato28m ago

Genius Group taps Bitcoin reserve to service $8.5M debt

Genius Group, an AI-powered Bitcoin treasury and education company, disclosed in its first-quarter 2026 results that it has sold the remainder of its Bitcoin holdings to pay down debt. The move marks a notable shift for a company that had branded itself with a “Bitcoin first” strategy just over a

CryptoBreaking57m ago

Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.

The past four weeks have been brutal for bitcoin BTC$66,462.68 traders as prices keep chasing comments by President Donald Trump, who can't make up his mind about Iran. One day, he talks peace and BTC and risk assets go up while oil drops, the next day he talks hawkish again, sending BTC down and o

CoinDesk1h ago

Stop fixating on Trump’s remarks? The real Bitcoin price movement signals are in the tanker rates and insurance premiums

Bitcoin is trading sideways near $66,000, influenced by remarks by Trump on the situation in Iran. The shipping and insurance costs in the Strait of Hormuz reflect elevated risk. It is expected that an expanding supply shortfall will continue to weigh on Bitcoin and other risk assets, and in the short term the market may still remain choppy.

GateNews1h ago
Comment
0/400
No comments