Over $4.79B in Short Liquidations Stacked Above $75,982: Short Squeeze Risk
- —Short liquidations in the $75,982–83,575 range total $4.79 billion
- —Long liquidations below $67,861 stand at $2.05 billion, 2.5 times less
- —In 24 hours, $174 million in longs and only $37.9 million in shorts were liquidated
- —After the vote, BTC fell 4.6%, with total liquidations at $771 million
Why it matters: The liquidation asymmetry creates a risk of a sharp short squeeze if BTC returns to the $76,000–83,000 range.
Source: Digital Today