If Bitcoin breaks through $100,000, $3 billion in short orders will face liquidation

Odaily News It is reported that if the price of Bitcoin reaches $100,000, about $3 billion of Bitcoin short positions will face liquidation. The current price is $96,765, and data shows that the cumulative short position leverage has dropped significantly, and market volatility has increased. CoinGlass charts show that if the price rises, platforms such as Binance, OKX and Bybit may trigger large-scale liquidations, and investors need to pay close attention. (Cointelegraph)