Bitcoin Liquidation Dynamics: Cashing In Over $1.2 Billion at $82,000 and $86,000 Thresholds
The post Bitcoin Liquidation Dynamics: Cashing In Over $1.2 Billion at $82,000 and $86,000 Thresholds appeared on BitcoinEthereumNews.com.
On April 2nd, COINOTAG reported significant insights from Coinglass regarding Bitcoin’s volatile price movements. Should Bitcoin dip below $82,000, the total long liquidation potential on key centralized exchanges (CEXs) could soar to $1.196 billion. In contrast, surpassing $86,000 could trigger a cumulative short liquidation threshold of $1.265 billion. It’s crucial to note that while the liquidation chart provides valuable context, it does not specify the precise number of contracts set for liquidation or their exact monetary value. Instead, the graphical representation highlights the relative significance of each liquidation cluster, illustrating potential liquidity cascades. A larger “liquidation bar” suggests heightened market sensitivity, indicating that Bitcoin’s price can expect a profound reaction upon breaching these critical thresholds, emphasizing the importance of active risk management strategies in crypto trading. Source: https://en.coinotag.com/breakingnews/bitcoin-liquidation-dynamics-cashing-in-over-1-2-billion-at-82000-and-86000-thresholds/
Filed under: News - @ April 2, 2025 6:22 am