Bitcoin's price trajectory is poised to impact significant liquidation volumes on major cryptocurrency exchanges. Data from Coinglass indicates that if Bitcoin surpasses $100,824, it could trigger $2.068 billion in short position liquidations. Conversely, a drop below $91,760 could result in $1.581 billion in long position liquidations. These potential movements highlight the volatility and high stakes in the current Bitcoin market.
Bitcoin Price Movements Could Trigger Billions in Liquidations
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