BTC Price Movements Could Trigger $1.36B in Liquidations

Bitcoin’s price fluctuations are poised to trigger significant liquidations on major cryptocurrency exchanges. Data from Coinglass indicates that if Bitcoin’s price drops below $88,510, the cumulative long position liquidations could reach $1.36 billion. Conversely, a price increase above $97,036 could result in $1.346 billion in short position liquidations. These thresholds highlight the potential for substantial market movements based on Bitcoin’s price trajectory.