Bitcoin Price Swings Could Trigger $1B in Liquidations, Coinglass Data Shows

According to updated Coinglass data as of Feb. 10, a drop in Bitcoin’s price below $67,000 could trigger approximately $1.054 billion in long liquidations across major centralized exchanges. Conversely, a rise above $71,000 could lead to around $429 million in short liquidations. These figures mark a shift from prior thresholds, which placed long liquidation risk at $885 million below $68,000 and short liquidation risk at $726 million above $72,000. The updated levels highlight increased leverage exposure and shifting market pressure points in Bitcoin trading.

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