The bears just got a massive wake-up call. 🚨

In the last 24 hours, the crypto market saw a staggering $646 million in liquidations. The highlight? Short positions were absolutely hammered, accounting for $462 million of that total as Bitcoin surged. 📈

The Damage Report:

• 🟠 BTC: $245.54M liquidated

• 🔵 ETH: $126.44M liquidated

• 🟣 SOL: $19.79M liquidated

One massive Bitcoin short even got nuked from $100 million down to just $900. Absolute carnage for the over-leveraged. 📉🔥

Are we looking at a permanent trend shift or just a classic short squeeze? 🧐

#Crypto #Bitcoin #Trading #Liquidations #BTC #Ethereum

$BTC

BTC
BTCUSDT
70,965.6
-0.83%

$ETH

ETH
ETHUSDT
2,194.17
-0.83%

$XRP

XRP
XRPUSDT
1.3252
-0.29%