Bitcoin Liquidation Pressure: Short Positions Face $477M Wipeout If BTC Breaks $66K on July 26

BTC0.48%
According to BlockBeats and Coinglass data on July 26, if Bitcoin breaks through $66,000, the cumulative liquidation strength of short positions on mainstream centralized exchanges will reach $477 million. Conversely, if Bitcoin falls below $63,000, the cumulative liquidation strength of long positions will reach $429 million.
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