RWA Data shows that if Bitcoin drops below $59,371, cumulative long liquidation intensity on major centralized exchanges could reach $1.174 billion. This highlights the high leverage in the crypto market and potential for significant volatility.
Data shows that if Bitcoin drops below $59,371, cumulative long liquidation intensity on major centralized exchanges could reach $1.174 billion. This highlights the high leverage in the crypto market and potential for significant volatility.