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TechFlow reports, according to Coinglass data, if Bitcoin rebounds and breaks above $62,000, the cumulative short liquidation intensity across major CEXs will reach $815 million.
Conversely, if Bitcoin falls below $58,000, the cumulative long liquidation intensity on major CEXs will reach $773 million.
Conversely, if Bitcoin falls below $58,000, the cumulative long liquidation pressure on major CEXs will reach $773 million.
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