🔥 $1B in shorts wiped out — traders stunned
BTC and ETH surged to new highs, leaving only short sellers in their wake — 232,000 traders were liquidated in just 24 hours.
📊 Key figures
🟡 $1.01B — total #LiquidationStory
🟡 $570M — in $BTC
🟡 $207M — in $ETH
🟡 $3.63T — total market cap
“Bears in disbelief,” wrote analyst Miles Deutscher.
“A massive short squeeze,” added Daan Crypto Trades.
🪙 BTC: $112K → $116.5K
⚪️ ETH: $2,990
Analysts doubted, traders debated — but the market spoke. Now there’s just one question: will longs hold if we dip back to $112K?