Bitcoin shorts face $1.5B liquidation risk if BTC hits $95K
Crypto Briefing
Bitcoin shorts risk $1.5 billion in liquidations if BTC price reaches $95K, according to Coinglass data.Summary
Data from Coinglass indicates that over $1.5 billion worth of short positions on Binance perpetual BTC futures are vulnerable to liquidation if the price of Bitcoin rises to $95,000. This represents a significant risk of volatility, as it would only require a 5% upward move from the current level around $91,100. Despite this potential trigger, overall liquidation levels across crypto markets remain low, totaling only $180 million in the last 24 hours, suggesting trader indecision as Bitcoin consolidates above the $90,000 mark.
(Source：Crypto Briefing)