Bitcoin long liquidation volume
If Bitcoin drops below $108,000, the long liquidation volume on mainstream centralized exchanges (CEX) may hit $915 million. This potential scenario highlights the sensitivity of Bitcoin’s price to market movements. Traders often react to price fluctuations, leading to significant liquidation events. A fall under this threshold could trigger widespread selling, amplifying the volatility in the cryptocurrency market. The implications of such a liquidation volume could affect various stakeholders, including investors and traders, as they navigate the changing landscape of digital assets.
