BTC near key short liquidation zone with $77M at risk

ME News reports that, as of September 16 (UTC+8), according to TradingBeats monitoring, BTC is currently trading at $75,923. Significant liquidation exposure exists on both the upside and downside. On the upside, the $77,400–$77,800 range concentrates approximately 994.86 BTC in short liquidation exposure, equivalent to about $77.08 million, with the nearest level just 1.95% above the current price. On the downside, the $72,600–$72,800 range holds approximately 874.79 BTC in long liquidation exposure, equivalent to about $63.56 million, requiring a decline of roughly 4.1% to trigger. Notably, within the upper range, the address starting with 0xd1581 holds a short position of 325 BTC at a liquidation price of $77,654.70, approximately 2.28% above the current price. Another address starting with 0xccf3f holds a short position of 647.52 BTC at a liquidation price of $77,386.70, just 1.93% above the current price. If BTC rebounds by approximately 2%, it may first reach this large cluster of short positions, triggering substantial buy pressure from short liquidations. Downside long liquidation pressure remains farther away and is concentrated in just two positions. The address starting with 0x604 holds 702.68 BTC longs at a liquidation price of $72,649; the address starting with 0xc67 holds 101.12 BTC longs at a liquidation price of $72,661.54. These two liquidation levels are only $12 apart and together account for approximately 91.9% of the total long exposure in this range. (Source: BlockBeats)