$BTC SHORTS WIPED OUT! OVER $1B LIQUIDATED AS BITCOIN EXPLODES TO $118K
HIGHEST SHORT LIQUIDATION EVENT OF 2025
OVER $655M BTC SHORTS CRUSHED IN 24H
Bitcoin just shattered records, surging past $118,000 — triggering massive short liquidations worth over $1 billion, the largest this year.
Most liquidations occurred late on July 10 during US market hours, with $BTC alone accounting for $655.46M. Remaining short liquidity stretches to $118,800, hinting at even more upside potential.
Traders stayed cautious all year — until now. The bears got caught off guard as BTC broke out from its July 2024 range near $55K.
The rally steamrolled through weekly options expiry, proving bulls are firmly in control.