Bitcoin Faces $411M Short Liquidation Surge Above $119K and $511M Long Liquidation Risk Below $116K on Major CEXs
Main Idea
Bitcoin faces significant short and long liquidation risks at key price thresholds, with $411 million in short liquidations possible above $119,000 and $511 million in long liquidations below $116,000.
Key Points
1. Bitcoin could see $411 million in short liquidations if it surpasses $119,000.
2. A drop below $116,000 may trigger $511 million in long liquidations.
3. Data from Coinglass highlights these critical liquidation thresholds on major centralized exchanges (CEXs).
Description
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$BTC
$119610.6
+2.03%
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