Kaspa Faces Liquidation Pressure Near $0.10 Level: Is a Sell Off Brewing?

Recent analysis reveals a critical price zone for Kaspa (KAS) – the $0.10 level, where liquidations are mounting and posing significant risk to short-term price action. The latest Kaspa Daily heatmap shows a concentrated build-up of leveraged positions below $0.10, with long leverage stacked between $0.099 and $0.103, primarily among traders utilizing 10x, 15x, and even 25x leverage. This creates a dangerous scenario – if the price drops even slightly from this level, a cascading wave of long liquidations could be triggered, potentially accelerating the decline.