Bitcoin Eyes $90K As Bears Get Burned Again Amid $30B Open Interest Surge

More than $4 billion in long positions now sit within striking distance of liquidation near $77,000 — a figure that underscores just how much is riding on Bitcoin holding its current footing above $80,000. Related Reading: David Schwartz Says Selling XRP Doesn’t Make Him The Villain Bears Keep Rebuilding, Keep Getting Burned Data tracked by Bitcoin researcher Axel Adler Jr. shows that close to $8 billion in short positions have been forcibly closed since early February, with the largest single-d