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Binance data shows Bitcoin liquidation clusters stacked around $87K

Binance data shows Bitcoin liquidation clusters stacked around $87K

Photo: 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.

Source: Crypto Briefing

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