📈A sharp increase in liquidity indicates that Bitcoin may be preparing for another short squeeze.

💵With the price of the main cryptocurrency rising above $116,700, Bitcoin has nearly $18 billion in short positions using borrowed funds, while the heat map shows a liquidation zone around $120,000 (data from CoinGlass).

📊The chart indicates areas with the highest density of short positions using borrowed funds and highlights zones most susceptible to liquidation. The green curve on the right visualizes areas where short sellers are at the highest risk of being wiped out.$SOL $BNB $ETH