Bitcoin Price Thresholds Could Trigger $738M Long or $179M Short Liquidations
Coinglass data shows potential large-scale liquidations across major centralized exchanges if Bitcoin moves below $90,000 or above $92,000.
BTC
Summary
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Terms & Concepts
- Long liquidation: The forced closure of leveraged long positions when asset prices drop to margin requirement levels.
- Short liquidation: The forced closure of leveraged short positions when asset prices rise to margin requirement levels.
- CEX (centralized exchange): A cryptocurrency trading platform operated by a central authority, offering services like spot and derivative trading.