🕯️ Traders are strongly betting on a rise in BTC and ETH by opening long buy positions, according to the liquidation map.
➤ If #BTC drops sharply to around $70,200, the value of liquidations of long buy positions could exceed $4.82 billion.
➤ If #ETH drops sharply to around $2,200, the value of liquidations of long buy positions could exceed $3.69 billion.
⚠️ Concentrated long positions may increase the likelihood of a faster liquidation wave on a drop, which could add further selling pressure to the market. These figures are estimates and depend on price movements and leverage; they are not a guarantee that liquidation will occur.
$BTC
$ETH
#Bitcoin #BTC #Ethereum #ETH #Crypto #CryptoNews #Liquidation #Longs #Trading #Binance #Crypto_market #Bitcoin #Ethereum #Digital_currency_trading
➤ If #BTC drops sharply to around $70,200, the value of liquidations of long buy positions could exceed $4.82 billion.
➤ If #ETH drops sharply to around $2,200, the value of liquidations of long buy positions could exceed $3.69 billion.
⚠️ Concentrated long positions may increase the likelihood of a faster liquidation wave on a drop, which could add further selling pressure to the market. These figures are estimates and depend on price movements and leverage; they are not a guarantee that liquidation will occur.
$BTC
$ETH
#Bitcoin #BTC #Ethereum #ETH #Crypto #CryptoNews #Liquidation #Longs #Trading #Binance #Crypto_market #Bitcoin #Ethereum #Digital_currency_trading
