🚨 Over $1 billion in crypto shorts were liquidated in the past 24 hours as Bitcoin surged to new all-time highs, hitting $117,000.

Data from CoinGlass shows 232,149 traders were impacted, with $570 million in BTC shorts and $206 million in ETH shorts wiped out.

The crypto market cap climbed 4.4% to $3.63 trillion as analysts called it a massive short squeeze.

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