Bitcoin positioning update
Current derivatives data shows an imbalance in open positions. Bitcoin would need to drop about $2,000 to liquidate roughly $1.1B in long positions, while a move of around $770 upward would liquidate a similar amount of shorts.
This highlights how positioning is skewed and helps explain why relatively small moves can sometimes lead to sharp reactions in price.
#StrategyBTCPurchase #BTC #BitcoinETFMajorInflows #Binance #BinanceAlphaAlert
