CoinGlass data cited in a June 29 market brief suggests that cumulative short liquidations across major centralized exchanges could reach $897 million if Bitcoin’s price climbs above $62,519, a threshold that sits roughly $3,100 above the current spot price. Bitcoin was trading at $59,428 at press time, down about 1.8% over the prior 24 hours. The Fear & Greed Index read 18, firmly in “Extreme Fear” territory, signaling broad risk-off positioning among market participants. For related coverage, see ETH Could Trigger $643M in Long Liquidations Below $1,511, Data Shows.