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Bitcoin Price Surge Past $67,000 Could Trigger $1.36 Billion in Short Liquidations

According to ChainCatcher, if Bitcoin exceeds the $67,000 threshold, it could lead to approximately $1.36 billion in short liquidations across major centralized exchanges (CEX). On the other hand, a drop below $62,000 could see cumulative long liquidations soar to $2.078 billion. This underscores the substantial potential for market volatility based on Bitcoin’s price fluctuations.

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