The great shorts are about to face liquidation! This will lead to a historic wave of liquidations!

I suspect MicroStrategy is leveraging this wave of liquidated positions!

Data shows that there are a large number of short positions concentrated in the range of $97,000 to $100,000 across major exchanges (including Bybit, OKX, and Binance). As prices rise, the leverage of short liquidations is heading towards $4 billion.

Liquidation level: Upon breaking $100,000, the losses for these short positions are expected to be $3.04 billion.

If Bitcoin continues to rise, when the price approaches $105,000, the liquidation amount will reach approximately $3.73 billion, and when Bitcoin reaches a historic high near $109,000, the total liquidation amount could approach $4 billion.