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