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Glassnode warns of $60K Bitcoin liquidation cluster as liquidity thins

Glassnode warns of $60K Bitcoin liquidation cluster as liquidity thins
AI summary

Glassnode warned that a large cluster of leveraged Bitcoin trades sits near $60K, where forced selling could deepen any decline. The alert comes as trading liquidity shrinks and losses on bullish bets mount across crypto markets. Traders should watch the $60K zone closely, since a break lower could trigger cascading liquidations and accelerate downside momentum.

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