BTC Short Liquidations Could Hit $2 Billion if Price Surpasses $118,358, Says Coinglass Data
Main Idea
BTC's short and long liquidation intensities on mainstream CEXs indicate critical price points at $118,358 and $108,034, respectively, which could trigger significant market volatility and trader risk.
Key Points
1. BTC short liquidation intensity will reach $2.008 billion if the price surpasses $118,358.
2. BTC long liquidation intensity could hit $1.957 billion if the price drops below $108,034.
3. These liquidation levels signal heightened market volatility and trader risk.
4. Coinglass data and expert analysis emphasize the importance of monitoring liquidation levels for market insight.
5. High liquidation volumes often coincide with rapid price swings, catching unprepared traders off guard.
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’s short liquidation
Latest News
- Bitcoin 1 BTC Milestone May Influence Retail Interest and Community Engagement, Experts Suggest2025-08-05 10:32:16
- Bitcoin Treasuries Add BTC Amid ETF Outflows, Suggesting Mixed Sentiment on Buying the Dip2025-08-05 10:30:15
- Welshman Launches Bitcoin Layer-2 Project Backed by Lost $923M BTC After Landfill Recovery Fails2025-08-05 10:29:55
- Phantom Explores Solana Meme Coin Market Expansion with Solsniper Acquisition2025-08-05 10:12:42
- Ripple CTO David Schwartz Explores Custom Monitoring Tool to Enhance XRPL Server Visibility and Performance2025-08-05 10:12:22