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Bitcoin Liquidation Surge – Risk Management is Key
Bitcoin ($BTC) is currently hovering around $111,600, but beyond the price, the liquidation landscape deserves attention.
According to Binance’s BTC/USDT liquidation heatmap, long liquidations have surged dramatically, now totaling over $2.32 billion. This wave of liquidations is largely due to traders using 10x leverage or more, many of whom are now being flushed out of the market.
This spike highlights a market driven by excessive greed and aggressive leverage.
Takeaway: Such conditions often precede increased volatility and potential corrections. It’s a good time to reassess risk exposure and avoid impulsive buying during bullish spikes.
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