$BTC In the past 24 hours, Bitcoin traders saw significant liquidation activity. Coinglass reports a total of $166.25 million wiped out—$120.50 million from long positions and $45.75 million from shorts, with 77,393 traders affected .

Across the broader crypto market, total liquidations reached $543 million, impacting 122,338 traders. Bitcoin alone accounted for approximately $234 million of that figure, with the largest single BTC-USDT liquidation order hitting $51.56 million on Huobi .

Meanwhile, as BTC surged near new highs (piercing $113 K), short positions faced severe losses: over $470 million to $575 million in shorts were wiped out, according to CoinGlass and TokenPost .

These liquidations coincide with a resurgence in fresh investment flows: 24‑hour spot volumes jumped over 40%, pushing BTC toward the $120 K psychological milestone .

Summary:

BTC liquidations: $166 M (longs: $120.5 M; shorts: $45.75 M)

Total crypto liquidations: $543 M, with BTC $234 M)

Short squeezes: $470–575 M wiped out

Investor sentiment: rising as spot volumes surge