Bitcoin Price Volatility Could Trigger Major Liquidations on Exchanges

Data from BlockBeats shows how Bitcoin’s price movements could trigger significant liquidation events on major cryptocurrency exchanges. If the price rises past $115,000, short positions will see a combined impact of over $1.122 billion in liquidations, according to the analysis of Coinglass. Conversely, if Bitcoin drops below $112,000, long positions would experience a collective liquidation worth around $882 million.