If BTC rebounds 1.9%, it will hit the largest short liquidation pain point, amounting to $77 million.

September 16 — According to TradingBeats monitoring, BTC is currently trading at $75,923. There are large potential liquidation exposures on both the upside and downside.

The $77,400–$77,800 range above has accumulated approximately 994.86 BTC in short liquidation exposure, worth about $77.081 million, with the nearest level only about 1.95% away from the current price;

The $72,600–$72,800 range below has accumulated approximately 874.79 BTC in long liquidation exposure, worth about $63.558 million, requiring a drop of about 4.1% to be reached.

It is reported that among the large positions in the upper range, an address starting with 0xd1581 holds a 325 BTC short position with a liquidation price of $77,654.7, about 2.28% from the current price. Another address starting with 0xccf3f holds a 647.52 BTC short position with a liquidation price of $77,386.7, only about 1.93% from the current price.

If BTC continues to rebound by about 2%, it may first reach the risk zone for this batch of large short positions, and short liquidations would generate large buy orders.

The long liquidation pressure below is further away. The risk is highly concentrated in two long positions. An address starting with 0x604 holds a 702.68 BTC long position with a liquidation price of $72,649; an address starting with 0xc67 holds a 101.12 BTC long position with a liquidation price of $72,661.54. The two liquidation lines differ by only $12, together accounting for about 91.9% of the volume in that range.