$4.2B in BTC Shorts at Risk if Bitcoin Hits $115K

iconCoinomedia
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

As per Coinomedia, $4.2 billion in Bitcoin short positions could be liquidated if BTC reaches $115,000. Short sellers are under pressure as Bitcoin climbs above $90,000, with analysts noting that a sustained rally above $100,000 may trigger a wave of forced buying. The $115,000 level is critical, as liquidations at this point could cause significant losses for short traders and potentially drive further price increases due to buying pressure.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.