#MarketRebound Bitcoin $95,000 could lead to short liquidations worth $163 million
According to the latest data from Glassnode, Bitcoin (BTC) could trigger significant short pressure if it breaks above $95,000, with the cumulative short liquidation estimate across major centralized exchanges (CEX) reaching $163 million.
Conversely, a drop below $93,000 would put long positions at risk, with an expected $68.45 million in cumulative long liquidations, indicating a highly leveraged market with critical price thresholds on both sides.
The $95,000 breakout area holds the largest liquidation cluster.