A $5,000 Bitcoin price fall could trigger $6.8B in liquidations, shaking the crypto market and risking massive losses for leveraged traders.
Key takeaways
- Massive $6.8 Billion Bitcoin Long Positions Threatened by $5,000 Price Drop
- A $5,000 slide in Bitcoin’s price could spark liquidations on $6.8 billion worth of long positions—enough to rattle the largest crypto market and send shockwaves throu...
- These open long positions—fueling both centralized exchanges like Binance and perpetual futures venues—reflect traders’ collective wager that Bitcoin’s next big move i...
- For traders holding large leveraged positions, the risk is immediate and existential. Forced liquidations mean positions are sold at whatever price the market will bea...
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Canonical source: https://mlxio.com/crypto/6-8b-bitcoin-longs-liquidation-risk
