17000 BTC shorts from 34500 to 37000
If the price sits above 37k, they are in a loss.
If they used 10x leverage, then liquidation starts around 39000 .
If they used 5x leverage, liquidation starts around 43000 .
So if the price gets there... we might see fireworks - liquidation cascade.
If they used 10x leverage, then liquidation starts around 39000 .
If they used 5x leverage, liquidation starts around 43000 .
So if the price gets there... we might see fireworks - liquidation cascade.
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