A brutal liquidation tsunami was sparked by Bitcoin’s climb above $107,000, with an unprecedented short-to-long imbalance of 11,060% recorded in just one hour. 

⬇️

ADVERTISEMENT During that period, BTC saw $7.11 million in liquidations — $7.05 million from short positions alone, while losses on long positions barely reached $63,740. The rebound was fast and unforgiving, hitting traders who had bet against a breakout after days of sideways chopping.