Bitcoin surges to 104,000, shorts face losses in the tens of millions! A massive liquidation wave is unfolding!

High leverage is playing with fire! Giant whales are approaching liquidation territory with their short positions.

Bitcoin just broke through $104,000, and the market turned upside down! Several high-leverage shorts found themselves in dire straits, with some whales at risk of liquidating their entire positions due to a small mistake.

A large trader used 40x leverage to short $93 million; if BTC rises another 1.5%, he will be completely liquidated.