Bitcoin Liquidation Intensity Could Surge to $1.3 Billion if Price Drops Below $106,000
2025-07-08 02:07:54
Main Idea
Bitcoin's price movements near key thresholds could lead to significant liquidations, with potential long position liquidations reaching $1.309 billion if the price drops below $106,000.
Key Points
1. Bitcoin's price near $110,000 could trigger liquidations of approximately $996 million.
2. A drop below $106,000 may result in long position liquidations totaling around $1.309 billion.
3. The liquidation data from Coinglass provides insights into market dynamics and trader risk exposure.
4. The data does not quantify exact contract volumes or values but highlights potential market volatility.
Description
According to data from Coinglass on July 8, Bitcoin’s price movements near critical thresholds could trigger significant liquidation events on major centralized exchanges (CEX). Should Bitcoin surpass the $110,000 mark,
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