๐ด THE SHORT SQUEEZE IS HERE! ๐ฅ
โฟ BTC +7.6% in just 3 hours โก
$BTC $ETH
ฮ ETH +10% in the same window ๐
And then came the domino effectโฆ ๐
๐ฅ $1.25B+ in short positions wiped out
๐ Shorts forced to buy back
๐ฅ Buying pushes price higher
๐ Higher prices trigger more liquidations
๐ More liquidations โ more forced buying
Thatโs a liquidation cascade. ๐๐
The move was real: reports confirmed more than $1B in crypto shorts were liquidated in about an hour as BTC broke above $69K. ๏ฟฝ
marketwatch.com +1
๐ Follow for more live market moves ๐
#SKHynixToUse50%FreeCashFlowForShareholderReturns #FOMCWatch #SKHynixToUse50%FreeCashFlowForShareholderReturns
โฟ BTC +7.6% in just 3 hours โก
$BTC $ETH
ฮ ETH +10% in the same window ๐
And then came the domino effectโฆ ๐
๐ฅ $1.25B+ in short positions wiped out
๐ Shorts forced to buy back
๐ฅ Buying pushes price higher
๐ Higher prices trigger more liquidations
๐ More liquidations โ more forced buying
Thatโs a liquidation cascade. ๐๐
The move was real: reports confirmed more than $1B in crypto shorts were liquidated in about an hour as BTC broke above $69K. ๏ฟฝ
marketwatch.com +1
๐ Follow for more live market moves ๐
#SKHynixToUse50%FreeCashFlowForShareholderReturns #FOMCWatch #SKHynixToUse50%FreeCashFlowForShareholderReturns