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Bitcoin at liquidation cliff — $116K is the battleground
📉 On July 15, BTC dropped to the $117,000 range, following selling pressure from a dormant whale (aka “ancient” BTC).
📊 According to Coinglass:
Below $116K: Long liquidation pressure could reach $829M 💣
Above $118K: Short liquidation pressure is just $159M
💬 With the market tilted toward long exposure, volatility could spike ⚠️
Whales are moving — is this a shakeout or just the beginning?
#Bitcoin # BTC #liquidation