Warning from Coinglass: Bitcoin price exceeding $95,000 may lead to short liquidations worth $163 million
According to the latest data from Coinglass, Bitcoin (BTC) could trigger a significant short squeeze if it breaks above $95,000, with an estimated cumulative short liquidation across major centralized exchanges (CEX) reaching $163 million.
Conversely, a drop below $93,000 would put long positions at risk, with $68.45 million in cumulative long liquidations expected, indicating a highly leveraged market with critical price thresholds on both sides.
The $95,000 breakout area holds the largest short liquidation pool
While Bitcoin is trading around $94,000 - $94,500, the $95,000 level has now become a key technical and psychological turning point, with a large number of short positions vulnerable to liquidation.