✅ A large amount of short position liquidations (light green line) is concentrated around and above the 110,000 USD level. This indicates the possibility of a "short squeeze" (sharp price increase due to short positions being closed) if the price of Bitcoin rises. Specifically, at 111,068 USD, the total short position liquidation reaches 2.81 billion USD, with many positions using 50x and 100x leverage at risk.
👉 If you are the market movers, what will you do ????
