⚡₿ Bitcoin Short Squeeze Triggers $750M+ Liquidations
Bitcoin’s surge above $85,000 triggered more than $750 million in crypto liquidations within 24 hours. 📈🔥
💥 About $648M came from short positions, as traders expecting prices to fall were forced to close their positions.
₿ Around $360.7M in BTC positions were liquidated, with the largest single liquidation reaching about $11.3M. 💰
🚀 These forced buybacks added further buying pressure, helping Bitcoin reach its highest level since January. 📊
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