#WeAreAllSatoshi

$10B in Bitcoin shorts could liquidate at $66.2K, crypto trader warns

#BTC☀

$BTC

Crypto trader MartyParty recently posted on X that if Bitcoin hits $66,200, it could trigger the liquidation of $10 billion worth of short positions. He added that reaching this price point may result in a short squeeze, leading to further liquidations of $16 billion at $70,300 and $18 billion at $72,578. Bitcoin is currently trading at $63,413.69, up 2.34% over the course of the past 24 hours, according to CoinMarketCap.