Data: If BTC breaks through $70,093, the cumulative short liquidation intensity on major CEXs will reach $1.272 billions.
ChainCatcher News, according to Coinglass data, if BTC surpasses $70,093, the cumulative short liquidation intensity on major CEXs will reach $1.272 billions. Conversely, if BTC falls below $63,507, the cumulative long liquidation intensity on major CEXs will reach $979 millions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Bitcoin plunged nearly $2,000 in 20 minutes, about $400 millions in long positions liquidated.
According to the data, on October 6, 2026, bitcoin fell more than 5% during the session, plummeting nearly $2,000 within about 20 minutes, resulting in the liquidation of approximately $400 million in leveraged long positions.
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