$BTC Liquidations vs Liquidation Heatmap: Not the Same Thing
Realized: 💥 $510.52M of BTC liquidated in the last 24h (CoinGlass). Already happened.
Heatmap (Binance BTC/USDT, chart above): a model of where leveraged positions could be forced out. Estimates, not confirmed orders.
Current read: price sits near 86k. Liquidity looks thinner toward 88k, while the thickest stack sits near 80k. Open interest is up 11.43% in 24h, with funding at 0.0076%.
Reclaim is not confirmation. Scenarios to map:
Holds the 84k area and extends toward 88k
Squeeze exhausts and price sweeps toward 82k or 80k
Range-bound while leverage rebuilds
use the heatmap to plan risk, not to predict direction.
Verify first. Risk later. Scale slowly...
$BTC #Bitcoin #BinanceSquare
Realized: 💥 $510.52M of BTC liquidated in the last 24h (CoinGlass). Already happened.
Heatmap (Binance BTC/USDT, chart above): a model of where leveraged positions could be forced out. Estimates, not confirmed orders.
Current read: price sits near 86k. Liquidity looks thinner toward 88k, while the thickest stack sits near 80k. Open interest is up 11.43% in 24h, with funding at 0.0076%.
Reclaim is not confirmation. Scenarios to map:
Holds the 84k area and extends toward 88k
Squeeze exhausts and price sweeps toward 82k or 80k
Range-bound while leverage rebuilds
use the heatmap to plan risk, not to predict direction.
Verify first. Risk later. Scale slowly...
$BTC #Bitcoin #BinanceSquare
