Heads up: roughly $1.5 billion worth of bitcoin short positions are sitting on the brink right now. If the market pushes through to the $93,000 level, we're looking at a cascade of liquidations. This kind of move would typically trigger aggressive position closing across multiple exchanges, potentially amplifying the upside momentum in the near term. Traders with short exposure should be monitoring this threshold closely—a break above could flip the script pretty quick.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
7
Repost
Share
Comment
0/400
LiquidityWhisperer
· 4h ago
The 93k level really can't hold anymore. Once it breaks, the bears will have to eat dirt immediately.
View OriginalReply0
UncleWhale
· 7h ago
93k break and it explodes. Friends who are bearish should be sweating.
View OriginalReply0
BankruptcyArtist
· 17h ago
Are the short positions about to explode again? Is this really different this time?
View OriginalReply0
LiquidityWitch
· 17h ago
Whether the 93k breaks or not depends on this move; the bears should be sweating now.
View OriginalReply0
CoinBasedThinking
· 17h ago
Is the 93,000 hurdle about to be broken? The bears should be having a hard time sleeping.
View OriginalReply0
MultiSigFailMaster
· 17h ago
Are the bears about to be pushed again? Is 93k really that magical?
View OriginalReply0
GamefiEscapeArtist
· 17h ago
Is 93,000 real? It feels like another way to cut the leeks.
Heads up: roughly $1.5 billion worth of bitcoin short positions are sitting on the brink right now. If the market pushes through to the $93,000 level, we're looking at a cascade of liquidations. This kind of move would typically trigger aggressive position closing across multiple exchanges, potentially amplifying the upside momentum in the near term. Traders with short exposure should be monitoring this threshold closely—a break above could flip the script pretty quick.