$BTC
The BTC price of $91,714.10 is highly unlikely, as Bitcoin has not reached that value historically as of November 2024. This could be a typo or a mistake in the data source.
However, regarding the concept:
Liquidated Shorts
A short liquidation occurs when traders betting on a price decline (short sellers) are forced to close their positions because the asset price increases beyond their margin thresholds.
In this case:
Liquidated Shorts: $203K
Price Trigger: (assuming corrected figure) likely refers to a recent surge in BTC price that liquidated positions worth $203,000.
Could you clarify or confirm the intended BTC price or the source?
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