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Bitcoin derivatives flash red as $1.79B long liquidation cluster forms below key resistance – TON BOT

Bitcoin derivatives flash red as $1.79B long liquidation cluster forms below key resistance

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The Bitcoin derivatives market is at risk of billions of dollars in forced liquidations due to a narrow price band. If BTC falls below $70,180, long liquidations could reach $1.79 billion, while a break above $77,211 could lead to $1.684 billion in short liquidations. Traders are exposed to violent moves if price breaks out of this range.

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