Bitcoin Liquidation Triggers: $109K & $119.5K Spark $1.4B–$2.1B

Coinglass data first highlighted BTC liquidation thresholds at $108,279 and $118,809, threatening up to $2.075 billion in long liquidations and $1.662 billion in short squeezes on major centralized exchanges. A later update revised these critical levels to $109,022 and $119,524, with potential liquidations of $1.389 billion in longs and $1.352 billion in shorts. Such mass liquidations can sharply amplify market volatility. Traders should closely monitor these BTC price levels, adjust leverage, set stop-loss orders on CEXs, and refine entry and exit strategies to manage risk and anticipate sudden price swings.