“$2 billion” will continue to be liquidated when $BTC fluctuates by 5,000 in price
🗒According to Coinglass:
- BTC rises >$118K: $2B worth of Short orders will be liquidated
BTC falls <$108K: $1.96B worth of Long orders will be liquidated
Currently, $BTC is at $113K, 5K away from both liquidation levels; not sure which side will break first 🫡#FOMCMeeting #TrumpTariffs #FedGovernorVacancy #ProjectCrypto #WhiteHouseDigitalAssetReport