BTC Price Thresholds Signal Over $3.7 Billion in Potential Liquidations on Major CEXs, Says Mars Finance

Main Idea
BTC price thresholds at $108,279 and $118,809 signal potential liquidations exceeding $3.7 billion on major centralized exchanges, impacting market volatility.
Key Points
1. BTC falling below $108,279 triggers $2.075 billion in long liquidations, increasing selling pressure and market volatility.
2. BTC surpassing $118,809 causes $1.662 billion in short liquidations, potentially accelerating upward momentum.
3. These price levels are critical liquidation triggers for leveraged traders on centralized exchanges.
4. Liquidations force rapid position closures, amplifying price movements and market volatility.
5. Monitoring BTC's liquidation thresholds is essential for traders navigating volatile market conditions.
Description
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