Over $83 million in short positions and $57 million in long positions were liquidated in the past 4 hours. This signals significant volatility in the crypto market. 📉

Previously, a pump towards the $89,100 zone for $BTC was anticipated. The market indeed saw $BTC surge to approximately $89,600. 📈

This initial upward movement led to the liquidation of $83 million in short positions. Following this, $BTC experienced a swift decline to around $87,900.

The subsequent dump resulted in $57 million in long positions being liquidated. This rapid price action effectively trapped traders on both sides, underscoring current market risks.

$BTCUSDT
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