Crypto & Web3
impact 16
Bitcoin shorts create $1.4B liquidation risk: Is a price squeeze to $80K next?
Bitcoin shorts create $1.4B liquidation risk: Is a price squeeze to $80K next? Bitcoin failed to overcome $79,000, but a potential bear trap formed as $1.4 billion in short positions face liquidation at $80,000.
Why it matters
This adds a new dimension to the bitcoin conversation. Practitioners should assess exposure to liquidation changes.