Aug 28, 01:07 PM

Bitcoin Shorts Worth $15 Billion Face Liquidation at $125,000

Market participants are flagging roughly $15 billion in Bitcoin short positions that would be forcibly closed if the cryptocurrency climbs to about $125,000, according to aggregated derivatives data circulated on Thursday. Traders say the concentration of stop-loss and margin-call thresholds around that level could amplify price swings, potentially triggering a short squeeze that drives Bitcoin higher. The discussion comes days before the next Bitcoin “halving,” a pre-programmed event that will cut the daily issuance of new coins by 50 percent, further tightening supply.

#Bitcoin

Written with ChatGPT .

Sources

Mondoggg@mondoggg
1 year ago
Insane for something that has so much attention to only be at $25M. the halving in a few days will reduce sell pressure by another 50% daily, and @bigcoinmining is building. So much potential. https://t.co/Bclx56yABK
ᴛʀᴀᴄᴇʀ@DeFiTracer
1 year ago
🚨 BREAKING: $15 BILLION BITCOIN SHORTS WILL BE LIQUIDATED IF $BTC PUMPS TO $125,000. THIS WILL BE A MASSIVE PUMP! 🔥 https://t.co/kRQgnVUDCR
Crypto Rover@rovercrc
1 year ago
💥BREAKING: $15 BILLION Bitcoin shorts to be liquidated at $125,000. LETS LIQUIDATE THE BEARS! https://t.co/YZzxDQzlJn

Additional media

Image #1 for story bitcoin-shorts-worth-15-billion-face-liquidation-125000-60415e7f

Image #2 for story bitcoin-shorts-worth-15-billion-face-liquidation-125000-60415e7f

Image #3 for story bitcoin-shorts-worth-15-billion-face-liquidation-125000-60415e7f

Image #4 for story bitcoin-shorts-worth-15-billion-face-liquidation-125000-60415e7f

Image #5 for story bitcoin-shorts-worth-15-billion-face-liquidation-125000-60415e7f