Bitcoin just surged to 104,000, short sellers face losses of tens of millions! A massive liquidation wave is unfolding!

High leverage is playing with fire! The giant whales' short positions are approaching the liquidation edge.

As Bitcoin just broke through 104,000 USD, the market changed dramatically! Multiple high-leverage short sellers instantly found themselves in dire straits, with some giant whales even risking complete liquidation.

A certain large holder used 40x leverage to short 93 million USD; if BTC rises another 1.5%, he will be forced to liquidate.