@All $BTC Lately, everyone's been talking about liquidity.
But if we look at the liquidation levels over the past 12 months, there’s some pretty interesting information. Let’s take a look.
If BTC drops from $80K to $62K, $17 billion worth of long positions will be liquidated.
And if the price rises back to the $87K–$90K range, $21.25 billion worth of short positions will be liquidated.
Which direction do you think MM would rather drive the price, and why?
$BTC
But if we look at the liquidation levels over the past 12 months, there’s some pretty interesting information. Let’s take a look.
If BTC drops from $80K to $62K, $17 billion worth of long positions will be liquidated.
And if the price rises back to the $87K–$90K range, $21.25 billion worth of short positions will be liquidated.
Which direction do you think MM would rather drive the price, and why?
$BTC
