$280M in Shorts Liquidated as $BTC Smashes Through $110K

Bitcoin surged past $110,000, triggering over $281 million in short liquidations across crypto. $BTC alone accounted for $101M of that wipeout.

The move followed weak U.S. jobs data, hinting at a cooling economy. Meanwhile, spot Bitcoin ETFs saw $407.8M inflows, while Ethereum ETFs bled $1.9M.

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