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Billions are sitting on the edge across the market.
More than 8.12B in BTC shorts would get wiped out with just a 10 percent move upward.
On the other side, around 6.86B in longs are at risk if BTC drops the same amount.
The imbalance is clear.
The heavier liquidity trap is above, not below.
Max pain remains to the upside, and the market knows it.