Bitcoin Move Below $65,000 or Above $69,000 Could Trigger Over $1 Billion in Long Liquidations on Major CEXs

Bitcoin's move below $65,000 could trigger about $1.028 billion in cumulative long liquidations across major centralized exchanges on February 27, Coinglass data cited by BlockBeats show. If BTC instead breaks above $69,000, long positions on major CEXs face a cumulative liquidation strength of roughly $1.012 billion. The liquidation chart does not show the precise number or notional value of contracts set to be liquidated, with each bar only reflecting the relative strength of a liquidation cluster versus neighboring clusters at specific price levels.