Bitcoin liquidation risk at $116k — $1.041B CEX longs vulnerable
I believe that if Bitcoin falls below $116,000, mainstream centralized-exchange long liquidation pressure will reach approximately $1.041 billion.
That scale of forced selling can accelerate a down move, spike volatility and trigger cascade liquidations that amplify downside risk for leveraged longs.
I will be watching price action closely and recommend reducing leverage, tightening stops, or avoiding aggressive new long positions until the market shows clear support.
Analysis
Recommendation
Watch the $116k level, reduce leverage and avoid initiating full-sized longs until support is confirmed; consider partial risk-off measures or wait for a clear recovery signal.
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.