$BTC

Bitcoin is now trading near $104K and if it reaches $115K then $1.5 billion in short positions may be liquidated across major exchanges rapidly.

Bitcoin is nearing a liquidation trigger point where $1.5 billion worth of short positions could be forcefully closed around the $115,000 mark. Data shared on May 11, 2025, by Coinglass illustrates how rising prices are pushing leveraged shorts toward a major liquidation event. The current price stands at $104,886, placing the market within 10% of this critical liquidation level.

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