Bitcoin's price fluctuations could lead to significant liquidations on major cryptocurrency exchanges. According to Coinglass data, if Bitcoin's price falls below $92,000, it could trigger long position liquidations totaling $1.135 billion. Conversely, a price increase above $95,000 could result in short position liquidations amounting to $678 million. These potential liquidations highlight the volatility and sensitivity of the market to price changes, as indicated by the intensity of liquidation clusters on the chart.
Bitcoin Price Movements Could Trigger $1.135 Billion in Liquidations
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