Near-Record Levels of Bitcoin Liquidation Risk at $102,700 Mark

Bitcoin traders face potential losses exceeding $1.45 billion if the price drops below $102,700. This level, where a significant portion of leveraged long positions are held, presents a high risk for liquidations across major exchanges such as Binance, Bybit, and OKX. 1.45B in cryptocurrency is at stake near this crucial mark. The proximity of this price point to the risk threshold has prompted traders and analysts to closely observe the market’s current movements.