At $75,962 on Nov 7, Bitcoin had leveraged traders on both sides of the price. Neither side carried more estimated liquidation exposure within 3% of price on our modeled map.
Above, the first short positions that would be forced to buy back sit near $76,235, and the largest modeled short cluster is at $78,449. Below, the first estimated long liquidations sit at $75,703, with the largest long cluster down at $73,135.
All of these levels are modeled from open interest and leverage, not recorded liquidations.
Above, the first short positions that would be forced to buy back sit near $76,235, and the largest modeled short cluster is at $78,449. Below, the first estimated long liquidations sit at $75,703, with the largest long cluster down at $73,135.
All of these levels are modeled from open interest and leverage, not recorded liquidations.
