On Oct 24 at 11:00 UTC, leveraged buyers sat closer to trouble than short sellers on Bitcoin's estimated liquidation map. With $BTC at $80,630, the nearest modeled long liquidation level is $80,385, the only cluster shown below the price.
Above, the first modeled short level is $81,137, and the heaviest short cluster sits at $81,984. Those are the prices where traders betting on a drop would be forced to buy back.
Within 3% of the price, modeled exposure comes out two sided, with neither flank carrying more weight.
Above, the first modeled short level is $81,137, and the heaviest short cluster sits at $81,984. Those are the prices where traders betting on a drop would be forced to buy back.
Within 3% of the price, modeled exposure comes out two sided, with neither flank carrying more weight.