BTC has risen above $70,000, and market liquidation risks are expanding rapidly. According to Coinglass data reported by ChainCatcher, if the BTC price reaches above $70,000, liquidation amounts for short positions on major exchanges are expected to exceed $1.2 billion. On the other hand, in a scenario where BTC falls below $63,223, liquidation risks for long positions could balloon to over $900 million. For market participants, this expansion of liquidation risk levels means increased volatility accompanying price movements, indicating that a review of trading strategies is required.

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