If Bitcoin rises by 10%, it will liquidate over $7 billion in short positions

Disclaimer: Contains third-party opinions, does not constitute financial advice

Recommended Reading

ChainThink Daily Briefing (December 28)

PlanB: Bitcoin's correlation with equities and gold has significantly diverged—whether a 10x move is imminent remains to be validated

Strategy Establishes $2.2 Billion Cash Reserve, Shifts to Defensive Mode

If Bitcoin breaks through $89,000, the cumulative short liquidation intensity on major CEXs will reach $600 million.

Japanese public company KLab launches "Dual Gold Financial Strategy," beginning allocation to Bitcoin and gold

Galaxy Research Head: U.S. ETP Performance Remains Stable; It's Only a Matter of Time Before Bitcoin Mimics Gold as a Hedge Against Currency Devaluation

Former Russian Traffic Police Officer Sentenced to 7 Years for Stealing Hundreds of Thousands of Dollars in Bitcoin Through Coercive Evidence Collection

ChainThink Daily Briefing (December 28)

PlanB: Bitcoin's correlation with equities and gold has significantly diverged—whether a 10x move is imminent remains to be validated

Strategy Establishes $2.2 Billion Cash Reserve, Shifts to Defensive Mode

If Bitcoin breaks through $89,000, the cumulative short liquidation intensity on major CEXs will reach $600 million.

Japanese public company KLab launches "Dual Gold Financial Strategy," beginning allocation to Bitcoin and gold

Galaxy Research Head: U.S. ETP Performance Remains Stable; It's Only a Matter of Time Before Bitcoin Mimics Gold as a Hedge Against Currency Devaluation

Former Russian Traffic Police Officer Sentenced to 7 Years for Stealing Hundreds of Thousands of Dollars in Bitcoin Through Coercive Evidence Collection