The cryptocurrency market is facing a critical moment once again. The latest data analysis shows that small fluctuations in the price of Bitcoin (BTC) could trigger huge market reactions. According to reliable sources, if the BTC price breaks through the $119,203 mark, the cumulative short liquidations on major Centralized Exchanges (CEX) will reach an astounding $3.35 billion.



On the contrary, if the price of BTC falls below $108,322, long positions on major CEX platforms will also face a liquidation risk of up to $2.346 billion. This data reveals the high sensitivity of the current encryption market, as well as the immense risks and opportunities that investors face.

This unresolved situation not only reflects the high volatility of the Bitcoin market but also highlights the significant impact of leveraged trading in the cryptocurrency ecosystem. Investors and traders are closely monitoring BTC price movements, as any significant price changes could trigger a chain reaction, subsequently affecting the overall landscape of the cryptocurrency market.

As market participants hold their breath, this potential large-scale liquidation event is undoubtedly set to become one of the most watched focal points in the cryptocurrency space in the near term. Regardless of the price direction, this will be an important test of market resilience and investor sentiment.
BTC-0.12%
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TooScaredToSellvip
· 08-04 20:03
I can't do it anymore, another Get Liquidated warning.
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CryptoWageSlavevip
· 08-03 06:13
bull coin To da moon
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SchrodingerAirdropvip
· 08-02 12:52
A short order is a Wallet~
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GasFeeVictimvip
· 08-02 12:52
Another day of suckers getting rekt.
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GasOptimizervip
· 08-02 12:51
Laughing to death, another round of playing people for suckers has happened.
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SelfStakingvip
· 08-02 12:48
Those who are shorting will have to part ways.
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GasWhisperervip
· 08-02 12:42
gazing into the mempool rn... these liquidation levels giving me fibonacci vibes tbh
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ApeWithAPlanvip
· 08-02 12:22
I've been played for suckers again.
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