If Bitcoin Falls Below $115,000, Total Long Liquidations on Major CEXs Will Reach $1.59 Billion

According to a report by Jinse Finance, Coinglass data shows that if Bitcoin falls below $115,000, the cumulative long liquidation volume on major CEXs will reach $1.59 billion. Conversely, if Bitcoin surpasses $119,000, the cumulative short liquidation volume on major CEXs will reach $390 million.