If Bitcoin exceeds $108,000, the cumulative short liquidation intensity across mainstream centralized exchanges (CEX) is projected to hit $4.09 billion. This potential surge in Bitcoin’s price could lead to significant market movements. Traders are closely monitoring the situation as the price approaches this critical threshold. The implications of such a liquidation could have a pronounced effect on market dynamics and investor sentiment. Analysts suggest that a breakout above this level may increase volatility and attract further attention from both retail and institutional investors.
