Bitcoin’s rise to $96.9K could trigger $9.6B short position liquidation
Key Takeaways Bitcoin’s potential move to $96,900 has a $9.6 billion short-liq bomb waiting overhead. Short liquidations occur when leveraged bets against Bitcoin are force-closed as margin requirements can’t be met. Share this article Bitcoin’s potential rally to $96,900 would put roughly $9.6 billion in short positions at risk of liquidation, according to current liquidation…
