Approximately $1 Billion in liquidations positioned above $52,400

Quick Take Recent data identified by HODL15Capital shows a shorting trend in the Bitcoin market, with leveraged positions potentially leading to approximately $1 billion of liquidations between the $52,400 and $53,000 mark. As Bitcoin stabilizes around $52,000, the Binance BTC/USDT pair, using the Coinglass Liquidation Heatmap, reveals substantial leverage above this level. Over the past... source: https://cryptoslate.com/insights/approximately-1-billion-in-liquidations-positioned-above-52400/