Bitcoin's Sharp Rally Could Trigger $864 Million in Short Liquidations at 69000 Level
According to recent chain data from Coinglass, Bitcoin's price movements are creating significant liquidation risks on major centralized exchanges. Currently trading near $67.44K, BTC is approaching critical price barriers that would unlock massive forced selling cascades in leveraged positions.
**The 69000 Liquidation Threshold**
If Bitcoin surges to the 69000 level, short positions across mainstream CEX platforms face a combined liquidation intensity of $864 million. This represents a substantial wave of fo