Boom! Over the weekend, Bitcoin$BTC blasted past $118K, but the real fireworks came from what followed—a savage 1,724% liquidation imbalance that left bearish traders in ruins. 😬
According to CoinGlass, in just 12 hours, $BTC saw $3.66M in short liquidations, while longs barely flinched at $197K. That’s not just a squeeze—that’s a full-on blender. 🧨
What’s wild? This wasn’t your average liquidation party. Usually, it’s overleveraged longs getting burned. But this time, bears walked into a one-way slaughterhouse. Across the entire market, nearly 100K traders were wiped out, with a massive $2M BTC/USDT position on Bybit leading the bloodbath. 💀
Other top tokens like XLM ($5.09M), $ETH ($4.57M), and XRP ($2.43M) joined the wreckage. But the meme kings weren’t spared either—1000BONK liquidated over $2.2M in shorts, flashing green while others bled red.
Lesson? Don’t fade the king—especially not when BTC’s breaking clean above resistance. 😤