Bitcoin’s Perilous Journey: Liquidation Chaos at $97,371!
The Binance $BTC /USDT Perpetual market has witnessed a seismic liquidation storm as Bitcoin hovers at $97,371.
Both long and short positions are being obliterated, leaving traders gasping amidst a volatile battlefield.
Red Alert for Longs: A massive wave of long liquidations is concentrated between $93,400 and $97,371, with high-leverage traders (50x and 100x) bearing the brunt.
The cascading red bars on the chart scream devastation, with tens of millions wiped out in moments.
Short Squeeze Sparks Green Surge: On the flip side, the shorts faced annihilation above the $97,371 mark.
With cumulative short liquidation leverage surging beyond $800M, the higher green territory signals relentless pressure against those betting on the downside.
This is no ordinary shakeout – Bitcoin’s liquidation map reveals an arena where leverage-fueled positions meet their untimely demise.
Whether you're a bull or a bear, the liquidation engine shows no mercy.
Are you prepared for Bitcoin’s $BTC next move? One thing’s clear – the $97,371 price point is a bloodbath zone for traders.
Stay sharp, or risk being swept away in the storm!