Bitcoin Liquidation Intensity Could Surge to $592M if Price Breaks $109,000, Coinglass Data Reveals
2025-07-05 09:25:59
Main Idea
A significant liquidation event is anticipated in the Bitcoin market, with potential liquidations of $444 million if the price dips below $107,000 or $592 million if it breaks above $109,000.
Key Points
1. Bitcoin's price dipping below $107,000 could trigger long position liquidations totaling $444 million.
2. A breakout above $109,000 could trigger short position liquidations totaling approximately $592 million.
3. Data from Coinglass on July 5th highlights these potential liquidation scenarios.
Description
According to data from Coinglass on July 5th, a significant liquidation event is anticipated in the Bitcoin market. Should Bitcoin’s price dip below $107,000, the total liquidation intensity of long
$BTC
$108065.7
+0.12%
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