If $BTC surges another $10,000 from here, over $4.3 billion worth of short positions could get wiped out in a massive liquidation cascade.

But if BTC drops by $10,000 instead, nearly $14.5 billion in long positions may face liquidation pressure across the market.

Right now, the risk-to-damage ratio still leans heavily toward the downside over the next 2–3 months, meaning the market could punish overleveraged longs much harder if momentum weakens.

BTC

64,384

+0.39%