Bitcoin Faces $476M Liquidation Risk If Price Falls Below $74K

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April 9, 2025 10:41 AM

In Brief:
Coinglass data shows $476M in long positions will be liquidated if BTC dips under $74,000.
A breakout above $78,000 could trigger $982M in short liquidations.

According to data from Coinglass, Bitcoin is at a critical tipping point in the market. If the price drops below $74,000, mainstream crypto exchanges could see up to $476 million in long positions liquidated. Conversely, a bullish breakout beyond $78,000 could trigger an even more intense liquidation wave, with $982 million worth of short positions at risk.

These figures come amid a broader period of heightened volatility in crypto markets. The liquidation intensity charts measure how severe the reaction could be at key price levels—highlighting the buildup of leveraged positions on both sides.

A “high liquidation bar” signals that any move beyond these thresholds could trigger sharp price swings, driven by cascading liquidations. Traders are watching the charts closely as BTC navigates between $74K and $78K, with bulls and bears locked in a high-stakes standoff.

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