#BTCBackto100K Nearly $1B in Crypto Liquidations—Shorts Got Wrecked
“BTC hits $100K, short traders hit the panic button.”
“Shorting the top? The market had other plans…”
💥 What Happened:
Crypto markets just saw $953.86 million in liquidations on Thursday night (May 8) as Bitcoin surged 5%, reclaiming its psychological level of $100K.
The real carnage? Short traders—especially those betting against BTC—got wiped out, accounting for $815 million, or 85% of total losses in just 24 hours.
