Bitcoin Breaks $114,000 Could Trigger $956 Million Short Liquidation on Major CEX Platforms
2025-07-10 17:53:18
Main Idea
Bitcoin reaching $114,000 could trigger $956 million in short liquidations on exchanges, highlighting market volatility and risk exposure.
Key Points
1. Bitcoin surpassing $114,000 may lead to $956 million in short order liquidations on major exchanges.
2. This scenario reflects heightened volatility and liquidation risks in the crypto market.
3. Liquidation metrics offer insights into market sentiment and risk exposure.
Description
Should Bitcoin surpass the critical resistance level of $114,000, the market could witness a significant surge in liquidation events on centralized exchanges (CEX). Industry data indicates that the aggregate short
$BTC
$117920.6
+6.20%
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