#比特币突破8.5万美元
$BTC This knife cut straight into the main arteries of all the shorts.
In the past 24 hours, the total amount liquidated across the crypto market exceeded 750 million USD, of which shorts accounted for a full 648 million USD, making up as much as 86%. Bitcoin alone contributed liquidation volume of 360 million USD per coin, and a single BTC/USDT short order on Binance worth 11.3 million USD was instantly wiped out.
What’s even more brutal is that the liquidation chart shows that if BTC continues to surge above 85,000 USD, the total liquidation amount of short positions will exceed 4.76 billion USD.
Why did it rally so hard? Short squeeze is the fuel. Around 82,000 USD there is a dense cluster of liquidation liquidity, forcing short sellers to buy back to close, forming a self-reinforcing upward spiral.
But pay attention: open contracts actually increased by 7.59% as the price rose, which indicates this isn’t profit-taking liquidation, but new capital chasing higher prices. With this kind of structure, either it continues to squeeze the shorts, or it’s the prelude to a double-kill for both longs and shorts.
#SEC
$BTC This knife cut straight into the main arteries of all the shorts.
In the past 24 hours, the total amount liquidated across the crypto market exceeded 750 million USD, of which shorts accounted for a full 648 million USD, making up as much as 86%. Bitcoin alone contributed liquidation volume of 360 million USD per coin, and a single BTC/USDT short order on Binance worth 11.3 million USD was instantly wiped out.
What’s even more brutal is that the liquidation chart shows that if BTC continues to surge above 85,000 USD, the total liquidation amount of short positions will exceed 4.76 billion USD.
Why did it rally so hard? Short squeeze is the fuel. Around 82,000 USD there is a dense cluster of liquidation liquidity, forcing short sellers to buy back to close, forming a self-reinforcing upward spiral.
But pay attention: open contracts actually increased by 7.59% as the price rose, which indicates this isn’t profit-taking liquidation, but new capital chasing higher prices. With this kind of structure, either it continues to squeeze the shorts, or it’s the prelude to a double-kill for both longs and shorts.
#SEC