According to Crypto Rover, approximately $1.1 billion worth of Bitcoin short positions are at risk of liquidation if the BTC price reaches $108,000, as highlighted in a post on May 21, 2025 (source: Twitter @rovercrc). This level marks a significant resistance zone for traders, suggesting that a breakout above $108K could trigger a massive short squeeze, fueling further bullish momentum. Traders are closely monitoring order book data and liquidation levels for potential volatility, with this scenario potentially accelerating upward price action and impacting funding rates across crypto exchanges.

According to Crypto Rover, over $1 billion worth of Bitcoin shorts are set to be liquidated if the BTC price reaches $110,000, highlighting a critical resistance level for traders to watch (source: Crypto Rover on Twitter, May 9, 2025). This potential liquidation event signals a major short squeeze risk, which could accelerate upward momentum and increase volatility in the crypto market. Traders should closely monitor open interest and short positioning data to anticipate rapid price movements if Bitcoin approaches this threshold.