The post Bitcoin Price Alert: CEX Long Liquidation May Surge to $169M Below $80K, Short Liquidation Could Reach $469M Above $83K appeared on BitcoinEthereumNews.com.

According to data from Coinglass, a pivotal threshold for Bitcoin has emerged as market participants closely monitor liquidation levels. Should the price dip below $80,000, cumulative long liquidations across major centralized exchanges (CEXs) could amount to approximately $169 million. In contrast, a movement past the $83,000 mark may trigger short liquidations totaling around $469 million. It is essential to note that the liquidation chart serves as an indicator of market sentiment and liquidity impact rather than providing precise contract counts or values. The height of the bars on this chart reflects the intensity of liquidation clusters, highlighting potential market reactions at specific price points. A robust spike in these liquidation bars signals a noteworthy liquidity cascade, potentially amplifying market volatility as traders navigate these critical price levels. Source: https://en.coinotag.com/breakingnews/bitcoin-price-alert-cex-long-liquidation-may-surge-to-169m-below-80k-short-liquidation-could-reach-469m-above-83k/

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Filed under: News - @ March 10, 2025 2:23 am