A massive wave of Bitcoin short liquidations just swept through the market—$110 million in shorts got wiped out within the past hour. The quick unwinding suggests significant volatility or a sharp move up that caught leveraged traders off guard. This kind of sudden liquidation cascade can trigger further price movement and reshape near-term market sentiment. Worth watching to see if this marks a potential shift in the BTC trading landscape.
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CryptoPhoenix
· 01-06 22:52
Yet another day taught by the market, with $110 million liquidated... Is this the opportunity for rebirth through this transformation? [Laughing with tears]
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AlwaysQuestioning
· 01-05 19:28
It's another short squeeze liquidation, this time 110M... Looks like the leverage traders have been hit again.
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OnChainArchaeologist
· 01-05 19:21
Leverage traders are bleeding again, so satisfying!
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LiquidityLarry
· 01-05 19:20
Haha, another round of liquidation show. The bears were caught off guard this time. Serves them right.
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zkProofGremlin
· 01-05 19:19
The shorts got washed again, and this wave is pretty intense.
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BlockchainArchaeologist
· 01-05 19:16
Damn, 110M orders in one hour, this rebound pace is a bit crazy.
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HalfIsEmpty
· 01-05 19:06
Leverage traders are in trouble again, nice
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MevSandwich
· 01-05 19:01
Over 100 million long and short positions liquidated, someone is going bankrupt now haha
A massive wave of Bitcoin short liquidations just swept through the market—$110 million in shorts got wiped out within the past hour. The quick unwinding suggests significant volatility or a sharp move up that caught leveraged traders off guard. This kind of sudden liquidation cascade can trigger further price movement and reshape near-term market sentiment. Worth watching to see if this marks a potential shift in the BTC trading landscape.