đ $2.5 BILLION Bitcoin Shorts Set to Be Liquidated at $115K đ„
Bitcoinâs 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.
Whatâs Happening?
1ïžâŁ Short Squeeze Incoming?
âą 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.
2ïžâŁ Current Price Surge
âą Bitcoin is trading around $105,490, building steady upward pressure. With recent all-time highs being breached, sentiment remains extremely bullish.
3ïžâŁ Key Exchange Activity
âą The short positions are heavily concentrated across major platforms:
- Binance
- OKX
- Bybit
âą Cumulative leverage data highlights significant vulnerability for traders betting against Bitcoinâs price climb.
Why This Matters
Short squeezes create a feedback loop:
âą As BTC price rises, short traders are liquidated.
âą These liquidations force them to buy back BTC, increasing demand.
âą 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 đ â A breakout above this could send Bitcoin prices soaring further.
#Bitcoin #BTC #ShortSqueeze #BitcoinLiquidation #CryptoMarkets