$BTC Bitcoin Just Nuked Longs and Shorts — Classic Weekend Liquidity Trap
What a wild 4-hour stretch for BTC.
Bitcoin first dumped $2,000 from $89.7K → $87.7K, instantly wiping out $171M in long positions.
Then — in true weekend fashion — it ripped back up $3,500 from $87.7K → $91.2K, liquidating another $75M in shorts.
That’s over $246M in forced liquidations… in just a few hours.
This is the definition of low-liquidity weekend manipulation:
🔸 Market makers flush overleveraged longs
🔸 Reverse instantly to punish late shorts
🔸 Retail gets chopped
🔸 Liquidity gets harvested
🔸 Price ends higher than before the entire move
The chart says it all: violent wicks, thin order books, and engineered volatility designed to clean both sides of the book.
If you survived this move with your account intact… you already won. Weekends remain a battlefield for leveraged traders.
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