BTW has risen 19.15% over the past 24 hours—interestingly, the order book is even more worth watching: this is a textbook short-squeeze行情.
In the past 24 hours, $270,000 in liquidations occurred, with shorts taking $241,000 (89.2%); the window narrowed to 4 hours, and shorts accounted for 97.3% of the liquidations; in the 1-hour window, 96% of liquidations were shorts. The closer the timeframe, the higher the proportion of shorts being liquidated—indicating this rally was mainly built by getting shorts squeezed and liquidated, not by new buying slowly pushing price up.
In the past 24 hours, trading volume was $145 million, with Binance alone accounting for over half. Shorts have been net losers across the 1h/4h/24h windows, continuously—this is being forced to liquidate by the market, not shorts proactively cutting losses and exiting.
Data from CoinBoss real-time aggregation: coinboss.com/zh/currencies/btw
In the past 24 hours, $270,000 in liquidations occurred, with shorts taking $241,000 (89.2%); the window narrowed to 4 hours, and shorts accounted for 97.3% of the liquidations; in the 1-hour window, 96% of liquidations were shorts. The closer the timeframe, the higher the proportion of shorts being liquidated—indicating this rally was mainly built by getting shorts squeezed and liquidated, not by new buying slowly pushing price up.
In the past 24 hours, trading volume was $145 million, with Binance alone accounting for over half. Shorts have been net losers across the 1h/4h/24h windows, continuously—this is being forced to liquidate by the market, not shorts proactively cutting losses and exiting.
Data from CoinBoss real-time aggregation: coinboss.com/zh/currencies/btw