The recent volatility in Bitcoin's price has led to potential liquidation events on cryptocurrency exchanges. If the price falls below $55,000, $765 million worth of long positions will be liquidated. Conversely, if Bitcoin rises above $60,000, $585 million worth of BTC short positions will be liquidated. In the last 24 hours, $119.7 million worth of leveraged transactions were liquidated, with the largest liquidation occurring in the BTC/USDT transaction on OKX. This information is not intended as investment advice.



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