CoinGlass: Bitcoin short liquidations would hit $686M above $88,000
- —Break above $88,000 targets $686M in short liquidations
- —Drop below $84,000 puts $758M in longs at risk
- —Data from CoinGlass liquidation map dated September 21
- —Map shows relative position density, not actual liquidation amounts
Why it matters: Clustered positions at these levels mean a break in either direction could accelerate price moves through cascading forced closures.
Source: TokenPost