Bitcoin (BTC) Investors Beware: These Two Levels Are Very Critical! $1.6 Billion at Risk!

Last week, Bitcoin (BTC) and altcoins experienced a strong recovery. BTC rose to $97,500, raising expectations for a potential $100,000 breakthrough. However, the rally did not continue, and sharp declines occurred following Trump’s announcements of tariffs on Greenland and the EU.

At this point, Bitcoin has fallen back below $90,000, and Ethereum (ETH) has dropped below $3,000. Other major altcoins have also experienced significant pullbacks.

Whether the downward trend in Bitcoin and altcoins will continue depends on future macroeconomic and geopolitical developments, while the latest data has arrived from the cryptocurrency tracking platform Coinglass.

According to recent data from Coinglass, Bitcoin’s price movements are poised to trigger significant liquidation events on mainstream cryptocurrency exchanges (CEXs).

“At this point, if Bitcoin rises above $91,000, $1 billion worth of BTC short positions on CEXs will be liquidated.”

Conversely, if the Bitcoin price falls below $88,000, $638 million worth of long positions will be liquidated.

According to current data, leveraged trading worth $200 million was liquidated in the last 24 hours, while $132 million in long positions and $68 million in short positions were also liquidated.

In the last 24 hours, 109,600 traders have been liquidated, with the largest liquidation occurring in Hyperliquid’s BTC/USD trading.

*This is not investment advice.