$BTC
The bears were liquidated at the main liquidation level of the past year.
Interestingly, before reaching this level, the market first liquidated a significant amount of longs during the most recent drop.
The current distribution is:
71% unliquidated longs
29% unliquidated shorts
This is one of the largest divergences since Bitcoin’s all time high in October 2025.
In my view, the end of September and the beginning of October could shake up the crypto market significantly.
The bears were liquidated at the main liquidation level of the past year.
Interestingly, before reaching this level, the market first liquidated a significant amount of longs during the most recent drop.
The current distribution is:
71% unliquidated longs
29% unliquidated shorts
This is one of the largest divergences since Bitcoin’s all time high in October 2025.
In my view, the end of September and the beginning of October could shake up the crypto market significantly.
