Bitcoin Liquidation Surge: BTC Breaks $118,936 Triggering $3.97 Billion Short Liquidations on Major CEXs
Main Idea
Bitcoin faces significant liquidation risks with critical thresholds at $118,936 for short liquidations ($3.968 billion) and $108,288 for long liquidations ($2.061 billion), indicating high market volatility.
Key Points
1. Breaking above $118,936 could trigger $3.968 billion in short liquidations on major centralized exchanges (CEXs).
2. Falling below $108,288 risks $2.061 billion in long liquidations, highlighting key support and resistance levels.
3. These liquidation thresholds serve as indicators of market sentiment and potential price movements.
4. Monitoring liquidation levels is crucial for traders to manage risks during volatile periods.
5. Experts note that such liquidation points can lead to sharp market moves due to rapid position closures.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! BTC faces significant
Latest News
- Dogecoin Technical Indicators Suggest Possible Short-Term Bearish Trend With Potential Price Bounce2025-08-02 08:22:12
- Whale 0xF436 Boosts Ethereum Holdings by 10,245 ETH Worth $36 Million in 8 Hours2025-08-02 08:21:48
- Ethereum (ETH) Price Outlook: Trader Eugene Ng Reaffirms Long Position Amid Market Caution2025-08-02 07:56:52
- XRP Could Surpass Ethereum in Coinbase’s Q2 2025 Trading Revenue Amid Growing Market Activity2025-08-02 07:56:34
- Balaji Srinivasan: How Bitcoin and AI Will Forge the Future of Verifiable Reality and Social Technology2025-08-02 07:32:06