JUST IN: Over $90M in Bitcoin & Ethereum short positions got wiped out in the last 30 minutes.
That kind of liquidation spike usually means price moved fast into thin liquidity, forcing late shorts to cover at market. It adds short-term fuel to the move, but it’s not organic demand by itself. If follow-through buying shows up on spot and open interest resets instead of expanding, the squeeze can turn into a trend leg. If OI keeps rising with price, it often sets up the next volatility swing.$BTC
BTCUSDT
無期限
66,832.9
-1.48%
ETHUSDT
無期限
1,970.43
-1.36%