Should Bitcoin experience a decline below the $123,000 mark, it is projected that the aggregated long liquidation volume across mainstream centralized exchanges (CEXs) will surge to an impressive $938 million. This significant figure highlights the potential impact of Bitcoin’s price movements on market liquidity. The long liquidations represent positions that investors have taken, and a fall in Bitcoin’s value could prompt a wave of sell-offs, amplifying the volatility in the cryptocurrency market. Understanding the implications of such price thresholds is crucial for traders and investors alike, as it underscores the interconnectedness of market dynamics and the potential for rapid shifts in trading volumes.
Last updated on October 5th, 2025 at 05:16 am
