Bitcoin Faces $1.1 Billion Short Liquidation Surge if Price Tops $106,000, Coinglass Data Reveals
According to recent data from Coinglass, a significant threshold looms for Bitcoin as it approaches the $106,000 mark. Should Bitcoin surpass this level, the short liquidation pressure across major centralized exchanges (CEX) is projected to escalate to approximately $1.141 billion. Conversely, a decline below $103,000 could trigger a substantial long liquidation event, with potential liquidations … Read more