11-03-2024 14:00 via newsbtc.com

Record $1 Billion In Shorts Risk Liquidation If Bitcoin Hits This Price

The Bitcoin price is creeping up once again, rising to a new all-time high above $71,000 in the early hours of Monday. As the price surge continues, it has put a record number of shorts at risk, where a less than 10% move upward from here will see $1 billion in shorts liquidated.
$1 Billion In Shorts At Risk Of Liquidation
Crypto trader and analyst Ash Crypto took to X (formerly Twitter) to share a map that showed the number of short positions at risk as the price of Bitcoin rises. The map share
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