😱 Bears Wrecked! $460M Liquidated as BTC Rockets Past $111K 🚀
Boom! In just 12 hours, over $460M in short positions got liquidated, marking the biggest wipeout since May! More than 114,000 traders caught betting against the market got smoked! 💨
📈 Bitcoin$BTC shot past $111K, dragging $ETH (+7%) and $SOL (+5%) higher with it.
Biggest hit? A $51.5M short on HTX... gone in seconds. 😵
Liquidation cascades = price fireworks. Shorts get squeezed → prices spike → more liquidations → repeat! That’s what just happened. Reflex rally 101. 📊🔥
While BTC is only +2% this week, ETH & XRP lead the charge, both soaring over 7%. Alt season knocking? 👀
This kind of data? Not just drama — it’s an alpha signal. 🧠 Smart traders ride the squeeze, not fight it.
💸 Leverage is a double-edged sword. Handle with care.
Agree? Drop your hot take below! 👇
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