Bitcoin Liquidation Strength Could Surge to $359M if Price Breaks $108,000, Coinglass Data Reveals 📈
Recent data from Coinglass suggests that if Bitcoin's price breaks above the $108,000 mark, a significant short liquidation event could be triggered on major centralized exchanges (CEXs). This potential surge in liquidation strength could cumulatively reach $359 million, highlighting the high-stakes nature of Bitcoin's price movements.
