🚀 Bitcoin shorts, beware! BTC's 11% rocket ride to a yearly high of $57,000 left short sellers with over $161M in losses. ETH shorts didn't fare better, losing nearly $44M. In total, over $270M in short positions were liquidated as the crypto market surged.

- Bitcoin's price soared from $51,471 to $57,035 in less than 24 hours, and now hovers around $56,000

- Swyftx lead analyst Pav Hundal says the crypto market is "on fire" with retail trade volumes and institutional buying pressure at peak levels

- Bitcoin ETFs are gobbling up nearly a quarter of the BTC produced by the network, with net inflows topping $515M on Feb. 26

Crypto enthusiasts like Tyler Winklevoss and Dan Held are celebrating, declaring the "beginning of the bull run." Hold on tight, folks! 🎢