Bitcoin Faces $829 Million Long Liquidation Risk if Price Drops Below $116,000 Amid Whale Sell-Off
2025-07-15 06:19:21
Main Idea
Bitcoin faces a significant long liquidation risk of $829 million if its price drops below $116,000, while a recovery above $118,000 could trigger a smaller short liquidation of $159 million.
Key Points
1. Bitcoin's price dropped to $117,000 due to a large sale by a long-standing whale investor.
2. A drop below $116,000 could trigger long liquidations totaling $829 million on major centralized exchanges.
3. A recovery above $118,000 could result in short liquidations of around $159 million.
4. The liquidation chart from COINOTAG does not quantify the exact impact of these price levels on Bitcoin's near-term dynamics.
Description
On July 15, Bitcoin experienced a notable decline to the $117,000 level, primarily driven by a significant sale from a long-standing whale investor. Data from Coinglass highlights that a drop
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