Bitcoin Liquidation Risk Don Spike Below 116K Because Big Whale Dem Sell Off
Bitcoin don see beta increase for liquidations and high risk for Bitcoin liquidation dis week because of people dey take profit and one big whale sell off. Derivatives data show say dem wipe out $675.8 million inside 24 hours, with $333 million for BTC longs, $113 million for ETH and $36 million for XRP. The biggest single liquidation na $98.1 million BTC/USDT long for Binance. For July 15, one whale sale push Bitcoin down to around $117,000, create $829 million long liquidation risk below 116,000 and possible $159 million short liquidations over 118,000 for big CEXs. The high funding rates and careful derivative flows show say traders dey cautious despite ETF inflows and good macro conditions. Analysts dey warn say short-term pullback fit happen for $105,000–$115,000 range before e fit rise go $150,000 for Q3. This rise for Bitcoin liquidation risk dey show how big holders and concentrated liquidity zones dey affect market balance.
Bearish
The big rise for risk wey dey for Bitcoin liquidation mean say short-term sellers go dey press more as big liquidations plus price drops wey big whales cause fit make more forced exits come happen and e fit make volatility go high. The clustered long liquidation risk under 116,000 dey show say maybe price fit move down, wey dey make traders feel bearish. For short time, traders fit face more liquidation cascades plus market fit pull back to support level wey dey around 105,000–115,000. But for long term, e mix well-well, as ETF money and macro tailwinds dey give positive push wey fit balance the weak point wey dey now once volatility calm down.