🌐 Breaking: $500 million in short positions liquidated in the cryptocurrency market over the last 5 hours!
📈 Analysis: This massive liquidation indicates a strong upward wave that has surprised short sellers, forcing them to close their positions at a loss. This phenomenon, known as "short squeeze," can lead to further increases as the forced liquidation of open positions continues.
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JUST IN: Over $500M in short positions liquidated in massive crypto short squeeze!