17000 BTC shorts from 34500 to 37000
If the price sits above 37k, they are in a loss.
If they used 10x leverage, then liquidation starts around 39000 .
If they used 5x leverage, liquidation starts around 43000 .
So if the price gets there... we might see fireworks - liquidation cascade.
If they used 10x leverage, then liquidation starts around 39000 .
If they used 5x leverage, liquidation starts around 43000 .
So if the price gets there... we might see fireworks - liquidation cascade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.