💥 the short squeeze — a historic liquidation event
This week will be remembered in Bitcoin history. Bitcoin perpetual futures recorded approximately $1.1B in short liquidations in a single day — the largest ever recorded, surpassing the previous record of $757M from May 2021. The move was mechanical — the breakout above $67K triggered the liquidation cluster, forcing shorts to close, which pushed price higher, which triggered more liquidations, which pushed price higher again. A self-reinforcing cascade in the opposite direction of June. 🔥
As we posted during the week — the key question was: real breakout or trap to liquidate both sides? The answer came fast. $BTC held above $65,700 and never looked back. This week confirmed it was not just a squeeze — there was real demand behind the move. 🧠
🚨 Short liquidations: $1.1B in one day — largest in Bitcoin history
📊 Previous record: $757M — May 2021
📊 Also larger than the October 10, 2025 event
💥 $67K liquidation cluster triggered a self-reinforcing cascade
✅ $BTC held above $65,700 — confirmed real demand behind the move
#shortsqueze #ShortLiquidation #BTC79K #DYOR*