If Bitcoin exceeds $110,000, the total volume of short liquidations across mainstream centralized exchanges will reach $1.51 billion. This significant figure indicates the potential impact of Bitcoin’s price movement on traders holding short positions. A rise above this threshold could lead to a cascade of liquidations, as traders who have bet against Bitcoin may be forced to cover their positions. Centralized exchanges are particularly sensitive to such price changes, which can amplify market volatility. Market participants are closely monitoring Bitcoin’s price as it approaches this pivotal level, anticipating the effects on trading dynamics and overall market sentiment.
