Bitcoin Price Drop Triggers $1 Billion Liquidation Risk in Exchanges

A recent downturn in Bitcoin’s price has triggered a significant risk of $1 billion in long liquidations across centralized exchanges. QCP Group, a prominent cryptocurrency market analysis firm, highlights the heightened risk-off sentiment driving these large losses. This dip in BTC’s value is influencing broader market volatility and impacting institutional traders who have been closely monitoring the fluctuating trends. The potential for Bitcoin to plummet below $120,000 has already caused major price drops across major exchanges, with more than $1 billion in long liquidations reported by August 2025.