đš $700M+ LIQUIDATED IN 24 HOURS â BITCOIN'S RALLY HAD A SECRET FUEL
Bitcoin suddenly ripped higher toward $87,000 this week.
$BTC
$XRP
$ETH
But here's what many retail traders are missing:
A huge part of that move was fueled by forced liquidations, not simply fresh spot buying.
On September 21, more than $710 MILLION in crypto positions were liquidated within 24 hours.
And here's the crazy part:
đŽ About 86% were SHORT positions.
When shorts get liquidated, exchanges are forced to buy back the asset.
That buying pushes the price higher.
Higher price â more shorts liquidated â more forced buying â price moves even higher.
đ„ Basically, a SHORT SQUEEZE.
But here's where retail traders need to be careful.
A few days later, the market started liquidating LONGS instead.
On September 23, around $545M in crypto positions were liquidated, with approximately $447M coming from leveraged longs.
That's the real warning.
The market can quickly switch from:
SHORTS GET REKT đ„
to
LONGS GET REKT đ
So when BTC starts moving aggressively, don't just ask:
đ "Where is Bitcoin going?"
Ask:
đ "WHO IS OVERLEVERAGED RIGHT NOW?"
Because in crypto, excessive leverage can become the fuel for the next big move â in either direction.
For me, the key things to watch now are:
đ Open interest
đ Funding rates
đ Spot buying vs. derivatives buying
đ Liquidation levels
đ BTC's ability to hold key support
PRICE tells you what happened.
LEVERAGE often tells you WHY.
Are you trading this market with spot or leverage
Bitcoin suddenly ripped higher toward $87,000 this week.
$BTC
$XRP
$ETH
But here's what many retail traders are missing:
A huge part of that move was fueled by forced liquidations, not simply fresh spot buying.
On September 21, more than $710 MILLION in crypto positions were liquidated within 24 hours.
And here's the crazy part:
đŽ About 86% were SHORT positions.
When shorts get liquidated, exchanges are forced to buy back the asset.
That buying pushes the price higher.
Higher price â more shorts liquidated â more forced buying â price moves even higher.
đ„ Basically, a SHORT SQUEEZE.
But here's where retail traders need to be careful.
A few days later, the market started liquidating LONGS instead.
On September 23, around $545M in crypto positions were liquidated, with approximately $447M coming from leveraged longs.
That's the real warning.
The market can quickly switch from:
SHORTS GET REKT đ„
to
LONGS GET REKT đ
So when BTC starts moving aggressively, don't just ask:
đ "Where is Bitcoin going?"
Ask:
đ "WHO IS OVERLEVERAGED RIGHT NOW?"
Because in crypto, excessive leverage can become the fuel for the next big move â in either direction.
For me, the key things to watch now are:
đ Open interest
đ Funding rates
đ Spot buying vs. derivatives buying
đ Liquidation levels
đ BTC's ability to hold key support
PRICE tells you what happened.
LEVERAGE often tells you WHY.
Are you trading this market with spot or leverage
