According to @AltcoinGordon on Twitter, approximately $8.5 billion worth of Bitcoin short positions are poised for liquidation if BTC reaches the $115,000 level. This significant liquidation event could trigger a sharp upward price movement, impacting trading strategies and increasing volatility for both spot and derivatives markets (source: @AltcoinGordon, May 27, 2025). Traders should closely monitor BTC price action near the $115K threshold, as large-scale short liquidations often lead to rapid price surges and heightened market activity.