May 12, 2025

Will Bitcoin Break $70K? Traders Brace for $900 Million Liquidation Event

1 min read

Bitcoin’s recent price surge has traders on edge, with data from Coinglass revealing a significant amount of money at stake depending on whether the cryptocurrency breaches the $70,000 mark or falls below $66,000. Over $900 million in short positions could be liquidated if Bitcoin surpasses $70,000, while a dip below $66,000 could wipe out over The post Will Bitcoin Break $70K? Traders Brace for $900 Million Liquidation Event appeared first on Coin Edition .

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