Bitcoin breaks through $81,000 and Ethereum breaks above $2,600, and the shorts are immediately getting wiped out in blood! In the past 24 hours, the entire market saw $631 million liquidated, including $561 million from short positions—accounting for nearly 89%!
Even more astonishing, short positions were liquidated for $410 million in just 12 hours, and in 4 hours there was another $50.83 million. Once the rally pushes through key levels, the high-leverage shorts ahead turn into “fuel”: the higher it climbs, the more shorts get squeezed, and the squeeze further drives the price upward. In the last 24 hours, more than 120,000 people were liquidated; the largest single liquidation came from a BTC position worth $8.53 million.
Now what really matters isn’t “how much it’s up,” but whether it can hold steady above 81,000. The shorts have already been flushed once. Next, bulls and bears will once again fight for position. Do you think this move can keep surging, or will there be a pullback next? $BTC
Even more astonishing, short positions were liquidated for $410 million in just 12 hours, and in 4 hours there was another $50.83 million. Once the rally pushes through key levels, the high-leverage shorts ahead turn into “fuel”: the higher it climbs, the more shorts get squeezed, and the squeeze further drives the price upward. In the last 24 hours, more than 120,000 people were liquidated; the largest single liquidation came from a BTC position worth $8.53 million.
Now what really matters isn’t “how much it’s up,” but whether it can hold steady above 81,000. The shorts have already been flushed once. Next, bulls and bears will once again fight for position. Do you think this move can keep surging, or will there be a pullback next? $BTC
