[Glassnode Co-Founder: Bitcoin Accumulates Long Liquidation Risk Around $61,000, Potentially Triggering Further Decline] BlockBeats News, August 12, Glassnode co-founder stated that over the past few weeks, Bitcoin has accumulated significant long liquidation risk around the $61,000 level. He pointed out that if the BTC price falls to this range, it could trigger forced liquidation of leveraged long positions, further increasing selling pressure and driving the price downward. The current market needs to pay attention to areas with concentrated leveraged positions, as a wave of liquidations could exacerbate short-term price volatility.