Glassnode: The largest liquidation cluster above Bitcoin is located in the $90,000 range.

October 5th, glassnode data shows that the largest liquidation cluster above Bitcoin is located near approximately $90,000. If the price reaches this level, leveraged short positions will be forced to close.

glassnode stated that zooming in on the past two months, smaller liquidation clusters are visible near approximately $83,000 and $75,000. Regardless of which side the price reaches, it could accelerate the next round of market volatility.