$BTC
if Bitcoin climbs past $100,000, over $2.5 billion in short positions could be liquidated—this means people betting against Bitcoin would lose, potentially pushing prices even higher as they rush to cover losses.
On the other hand, a drop below $94,000 could liquidate $2.7 billion in long positions, leading to a sharp fall in price.
For holders, this volatility creates both opportunity and risk. If they time it right, they could benefit from strong upward momentum.