As per Coinotag, Bitcoin could face over $3 billion in short liquidations if the price rises to $112,600, according to CoinGlass data. Short positions are concentrated near this level, and a breakout could trigger a short squeeze, potentially accelerating upward price movement. The current price hovers near $109,200, testing key support at $108,000.
Bitcoin Faces Potential $3 Billion Short Liquidation Near $112,600
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