🚨 Attention Traders: A substantial $625M in potential market liquidity has been identified on the $BTC /USDT charts.
Analysis of the Binance $BTC /USDT Liquidation Map indicates a significant build-up of overleveraged LONG positions. These clusters are positioned just below the current market price, specifically around the $92,001 level.
The presence of extreme leverage, with some positions reportedly at 50x, suggests a potential for heightened volatility. Market participants should be aware that these concentrated areas often attract liquidity sweeps.
Traders are advised to prepare for potential market movements and manage their risk accordingly. Consider strategic Entry, TP, and SL placements to avoid being caught in a liquidity cascade.
