BTC Slips Below $58,862; Potential Long Liquidations on Major CEXs Seen at $1.372B

ChainCatcher cited Coinglass data showing that a drop in BTC below $58,862 could trigger $1.372 billion in long-position liquidations across major centralized exchanges. If BTC rises above $65,026, potential liquidations of short positions on major CEXs are estimated at $998 million.