Crypto market sees almost no longs left: sharp surge may trigger massive liquidations

According to Coinglass analysts, the cryptocurrency market currently shows a significant skew towards short positions, creating potential risks for large-scale liquidations. Forecasts indicate that if Ethereum rises to around $3600, short liquidations could reach nearly $6 billion. Similarly, if Bitcoin spikes to about $107,000, total short position liquidations might exceed $10 billion.

Source Coinglass

This imbalance between longs and shorts signals possible volatility in the crypto market in the near future. The large volume of open short positions makes the market vulnerable to rapid price movements. Investors should consider these risks when managing their portfolios.

In case of a sudden price surge, massive liquidations are highly likely, which could further influence price fluctuations and create new opportunities for traders and users.