risky
Bitcoin: $1.04B CEX Liquidation Risk if Price Drops Below $116k
I think Bitcoin faces meaningful downside risk if it breaks below $116,000. That trigger could force roughly $1.041 billion of liquidation pressure on mainstream centralized exchanges, amplifying volatility.
I would treat any move toward that level as a risk-off signal: expect cascading stops and heavier selling from over-leveraged positions unless price finds quick support.
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Analysis
A break below $116k would likely cascade liquidations on CEXs, accelerating downside as forced sellers exit. High notional liquidations imply concentrated leverage above that level and a higher probab...
Recommendation
I recommend reducing leverage, avoiding new aggressive long positions near that threshold, using tighter stops or hedges, and monitoring exchange order books and funding rates closely until price conf...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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