A potential 10% increase in Bitcoin's price could lead to the liquidation of $3.6 billion in short positions, according to data from AiCoin. This scenario underscores the significant risk faced by traders betting against Bitcoin's price. The cryptocurrency market remains volatile, and such a price movement could have substantial implications for those holding short positions.
$3.6 Billion in Bitcoin Shorts at Risk with Potential 10% Price Surge
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
