If Bitcoin surpasses $109,000, the total short liquidation volume on major centralized exchanges (CEXs) is projected to reach $1.345 billion. This potential price movement indicates significant market activity and could lead to substantial financial implications for traders. The short liquidation volume reflects the amount of money that could be lost by those betting against Bitcoin if the price rises. As Bitcoin approaches this critical threshold, market participants are closely monitoring trading patterns and sentiment. The dynamics of short positions could shift dramatically, impacting overall market stability.
