Coinglass: Bitcoin move above $64,590 could spark $1.8B in short liquidations across major CEXs

ChainCatcher cited Coinglass data showing that a BTC breakout above $64,590 would push the combined short-side liquidation intensity on major centralized exchanges (CEXs) to about $1.8 billion. On the downside, if BTC falls below $58,518, the cumulative liquidation intensity for long positions on major CEXs is estimated at $1.199 billion.