🌐 $2.5 BILLION Bitcoin Shorts Set to Be Liquidated at $115K 🔥
Bitcoin’s price momentum continues to intensify, with $2.5 billion worth of short positions lined up for liquidation as BTC approaches the $115,000 mark. This critical level could trigger a cascade of liquidations, further fueling upward price action.
What’s Happening?
1️⃣ Short Squeeze Incoming?
• Data from Coinglass reveals massive cumulative short liquidation leverage just above $115K. If BTC reaches this level, shorts will face forced buybacks, accelerating bullish momentum.
2️⃣ Current Price Surge
• Bitcoin is trading around $105,490, building steady upward pressure. With recent all-time highs being breached, sentiment remains extremely bullish.
3️⃣ Key Exchange Activity
• The short positions are heavily concentrated across major platforms:
- Binance
- OKX
- Bybit
• Cumulative leverage data highlights significant vulnerability for traders betting against Bitcoin’s price climb.
Why This Matters
Short squeezes create a feedback loop:
• As BTC price rises, short traders are liquidated.
• These liquidations force them to buy back BTC, increasing demand.
• The sudden spike in buying pressure often causes the price to rise even faster.
Macro Outlook
The liquidation setup at $115K aligns with increasing institutional interest, ETF momentum, and dwindling BTC supply across exchanges. Combined, these factors suggest Bitcoin could be on the brink of another parabolic move.
Key Level to Watch: $115,000 🚀 – A breakout above this could send Bitcoin prices soaring further.
#Bitcoin #BTC #ShortSqueeze #BitcoinLiquidation #CryptoMarkets