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Abnormal disruption between Bitcoin buying and selling centers leads to liquidation of positions worth 40 million dollars

The price of Bitcoin witnessed a sudden rise exceeding 107,000 dollars, but this increase was not just a fleeting technical movement; it was associated with a massive liquidation process that unusually flipped the short-selling balances.

According to data from 'CoinGlass', more than 39 million dollars were liquidated in the past few hours, of which 38.95 million dollars were from short positions, compared to only 73,000 dollars from long positions.

This significant difference represents a deviation of 53,247% in favor of buying, marking one of the most unbalanced liquidation cases recorded in the crypto market in a long time.

The total liquidation in the cryptocurrency market reached about 65.49 million dollars in the last 24 hours, of which more than 61.6 million dollars came from short-selling transactions.

Despite the impact on alternative cryptocurrencies like Ethereum, Solana, and DOGE, Bitcoin remained the main driver, both in terms of volume and relative impact.

The market map turned a deep red, clearly indicating intense pressure on short positions.

The liquidation also included alternative cryptocurrencies like PEPE and SUI, indicating that many speculators were caught off guard by the rapid and unusual rise.

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