Bitcoin’s Record High Could Trigger $215M in Short Liquidations: What’s at Stake?

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Bitcoin’s Record High Could Trigger $215M in Short Liquidations: What’s at Stake?

Bitcoin Nears All-Time High, Setting the Stage for Massive Short Liquidations As Bitcoin edges closer to its all-time high of $73,777, the potential for significant short liquidations looms, with pressure building on short positions across major centralized exchanges (CEXs).

Market Momentum: The upward pressure from liquidations could draw in more buyers, who may join the rally out of FOMO (fear of missing out), propelling Bitcoin’s price further.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News Bitcoin Short Liquidations Record High

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 08:29:52 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 900 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23444444

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 8 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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Publisher ID: #121

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