🚨 $10 billion in short positions will be liquidated once the price of Bitcoin reaches $128,000
Coinglass data indicates a growing accumulation of liquidity for short liquidations that gradually rises above the current price (~$115,400), with notable increases at $120k → $125k → $128k; where the largest cluster is around $10 billion at $128,000 across major exchanges
Implication: Any consecutive breakouts above $120k then $125k could accelerate short pressure (Short Squeeze), while the range of $127k–$128k represents an area that could fuel a stronger upward wave if reached.🔥🚀