Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Binance data shows Bitcoin liquidation clusters stacked around $87K

Picture: Crypto Briefing

Leveraged positions and top buyers sit just above Bitcoin's current range, and a daily close above $87K with ETF inflows could signal strong buying Bitcoin has a crowd waiting for it at $87,000. According to a post on X citing Binance data, major liquidation clusters and top buyers sit around that level. A liquidation heatmap shows where borrowed bets are concentrated and where they would be force-closed if price moves against them. When an exchange liquidates a position, it sells or buys automatically to cover the loss.

You are reading an excerpt. Crypto Briefing wrote and owns the full article.

Continue reading at cryptobriefing.com

Related stories

More crypto news

All Crypto & Bitcoin