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$15 Billion Short Positions to Liquidate if Bitcoin Recovers to $112,000

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Bitcoin Risks Plunging To $20,000 As LUNA Fatally Crashes To $0 — Over $1.28 Billion Liquidated In Hours

Bitcoin is facing a major short squeeze around the $112,000 price level, according to the latest statistics from analytics website Coinglass. The largest cryptocurrency by market capitalization is currently trading around $92k, down from a major price drop earlier this month. The sudden price tank liquidated billions of dollars in longs and pushed the index […]
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