Large BTC Long Liquidated at $116.9K — Watch for Volatility
I saw a $147,000 BTC long get liquidated at $116,896.86.
This highlights heavy leverage and short-term volatility around that price — large liquidations can cascade and push price quickly in either direction.
I’m staying cautious: I won’t add leveraged longs here and will wait for confirmed support or cleaner entry signals.
Analysis
Recommendation
Watch price action and avoid adding leveraged longs; wait for confirmed support or use much smaller position sizes before re-entering.
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.