RWA Data indicates that if Bitcoin drops below $60,592, cumulative long liquidation intensity on major centralized exchanges could reach $1.249 billion. This highlights significant downside risk and potential cascading liquidations in the crypto market.
Data indicates that if Bitcoin drops below $60,592, cumulative long liquidation intensity on major centralized exchanges could reach $1.249 billion. This highlights significant downside risk and potential cascading liquidations in the crypto market.