Bitcoin break below $116K could trigger $2.08B CEX long liquidations
I believe that if Bitcoin falls below $116,000, mainstream centralized exchange long liquidations will reach roughly $2.078 billion.
Such a volume of forced selling would likely accelerate downside momentum, spike intraday volatility, and severely punish leveraged long positions.
I would reduce long exposure, tighten stops, avoid adding leverage, and consider hedges until price shows clear support above $116,000.
Analysis
Recommendation
Reduce leveraged long exposure, tighten stop-losses, use options or inverse products to hedge, and wait for price stability above $116,000 before adding significant long positions.
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.