Bitcoin Price Volatility Could Trigger Large Liquidations on Exchanges

Data from BlockBeats suggests a significant potential for liquidations on major exchanges if Bitcoin’s price shifts significantly. According to the analysis, exceeding $100,000 would trigger short position liquidation worth over $2.5 billion, while falling below $94,000 could prompt long position liquidation of approximately $2.7 billion. It is important to note that BlockBeats’ chart does not provide the exact number of contracts involved in pending liquidations or their exact value. Instead, the data visualized through bars highlights the relative intensity of various clusters of liquidations and how these levels could influence market volatility. A heightened