Bitcoin Nears Key Liquidation Levels as $310.6 Million in Shorts Face Risk Above $63,884

Coinglass data indicates Bitcoin could trigger significant liquidations around two key price levels. According to NS3.AI, $310.6 million in BTC short positions could be liquidated if BTC breaks through $63,884. The data also shows that a move in the opposite direction could pressure long positions. If BTC drops below $62,410, about $198.51 million in long positions would be at risk of liquidation.