Is the Liquidation Balance Changing in Bitcoin?
According to data from the last 30 days:
๐ด $10.01 billion in liquidations occurred from long positions (starting level: $93,624).
๐ข Short positions, on the other hand, rapidly declined from the $106,882 level and saw $13.20 billion in liquidations!
This chart suggests that the market may be heading for an upward squeeze.
As shorts are crushed, will BTC make a new surge?
