tldr; Bitcoin traders face heightened liquidation risks, with nearly $2 billion in leveraged long positions vulnerable if the price drops to $80,000. The concentrated risk in derivatives markets could lead to forced selling and cascading effects. Bitcoin recently traded around $84,550 after a flash drop to $82,000, amid economic uncertainties and sharp price declines. Leveraged positions have faced major liquidation events, increasing volatility and downward pressure on prices.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Sandharbor on
Hit Monday during Asian trading session
fan_of_hakiksexydays on
There’s even more liquidation of shorts if the price spikes to $90K.
Right now, there’s already some risks of major liquidations of shorts at just above $85k.
I’m glad I closed my short position. I’d be sweating bullets right now.
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And +20B if we go to 110k 😆
tldr; Bitcoin traders face heightened liquidation risks, with nearly $2 billion in leveraged long positions vulnerable if the price drops to $80,000. The concentrated risk in derivatives markets could lead to forced selling and cascading effects. Bitcoin recently traded around $84,550 after a flash drop to $82,000, amid economic uncertainties and sharp price declines. Leveraged positions have faced major liquidation events, increasing volatility and downward pressure on prices.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Hit Monday during Asian trading session
There’s even more liquidation of shorts if the price spikes to $90K.
Right now, there’s already some risks of major liquidations of shorts at just above $85k.
I’m glad I closed my short position. I’d be sweating bullets right now.
Time to grab some popcorn and enjoy the show
