🚨 MORE THAN 1 BILLION USD LIQUIDATED IN 24H!
BTC surpassing 87,000 USD triggered an extremely strong liquidation event in the derivatives market. The total value of forcibly closed positions has exceeded 1 billion USD, mostly coming from the Short side.
This is one of the most notable Short squeezes during the current uptrend.
Personal view:
What’s worth noting is that the faster the price rises, the more Shorts are forced to close—creating additional buying pressure and pushing BTC even further.
However, after such a strong squeeze, I’ll prioritize watching whether BTC can hold the 85–87K zone instead of FOMO chasing the price.
👇 HOT COINS TRADING HERE 👇
$KERNEL
$FORM
$PHA
BTC surpassing 87,000 USD triggered an extremely strong liquidation event in the derivatives market. The total value of forcibly closed positions has exceeded 1 billion USD, mostly coming from the Short side.
This is one of the most notable Short squeezes during the current uptrend.
Personal view:
What’s worth noting is that the faster the price rises, the more Shorts are forced to close—creating additional buying pressure and pushing BTC even further.
However, after such a strong squeeze, I’ll prioritize watching whether BTC can hold the 85–87K zone instead of FOMO chasing the price.
👇 HOT COINS TRADING HERE 👇
$KERNEL
$FORM
$PHA
