On September 24, Bitcoin ($BTC) went through a notable sell-off in the long positions amid the latest price crash. In this respect, the long $BTC positions have seen a massive liquidation of $110M amid the price slump below the $113,000 mark. As per the data from Glassnode, a prominent blockchain analytics platform, the massive liquidation in long positions has raised significant concerns. Additionally, the liquidation heatmap points out vulnerable leverage clusters, indicating the vulnerability of the bullish sentiment.