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On April 15th, COINOTAG reported significant developments regarding Bitcoin’s price volatility. According to data from Coinglass, should Bitcoin surpass the $87,000 threshold, the total potential short **liquidation** across leading centralized exchanges (CEX) could escalate to approximately $1.14 billion. Conversely, a decline below $84,000 could trigger long **liquidations** totaling around $969 million. It’s essential to note that the liquidation chart does not provide precise figures on the number of contracts pending liquidation; rather, it visually conveys the relative weight of different liquidation levels. The data illustrates how Bitcoin’s price reacts as it approaches critical levels, with higher liquidation clusters indicating a heightened likelihood of a liquidity cascade, which could amplify price fluctuations. Traders should remain vigilant as these thresholds present pivotal moments in market psychology and **price discovery**.
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