#Liquidations
Record-breaking crypto short squeeze: bears lose $2.7 billion in a day 🚀

Bitcoin surged to $70,000, triggering the largest wave of forced short positions in history. In 24 hours, bearish bets suffered a crushing blow, and the total amount of liquidations in the market approached $3 billion.

📊 Key figures and facts:
$2.7 billion — losses of short sellers per day (an absolute record since 2021).
92% of all liquidations fell on short positions (the ratio to long — more than 10 to 1).
172,108 traders were forced to close according to CoinGlass.
$69,900 — local peak of BTC price, after which the rate stabilized around $69,100 (+8% per day).
Coin breakdown: BTC — $1.42 billion, ETH — $1.13 billion, SOL — $104.67 million. The largest single liquidation was $48.8 million on Hyperliquid.

Why is this important?
The number of shorts eliminated was greater than during the large-scale market crash of October 10, 2025 (when, during the fall from $126,000, short liquidations amounted to $2.47 billion). The squeeze happened lightning fast — over $1 billion was liquidated in just one hour.