Bitcoin Price Drop Below $114,000 Could Trigger $1.78 Billion Long Order Liquidations on Major CEXs

Should Bitcoin dip beneath the $114,000 threshold, the aggregate liquidation volume of long positions on major centralized exchanges (CEX) is projected to escalate to approximately $1.78 billion. This metric underscores the heightened risk exposure within the crypto derivatives market, signaling potential volatility for traders and investors. Monitoring liquidation intensity provides critical insights into market sentiment and leverage dynamics, essential for informed decision-making in the digital asset space.

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Source: https://en.coinotag.com/breakingnews/bitcoin-price-drop-below-114000-could-trigger-1-78-billion-long-order-liquidations-on-major-cexs/