Gias $BTC increased sharply to 94k.
Following this, altcoins surged massively, with some increasing by 100-150%, causing a liquidation of short positions amounting to 529 million.
The total liquidation in the past 24 hours is approximately 600 million dollars.
There are 161,000 traders liquidated.
According to forecasts, the level of $BTC has a very high amount of BTC shorts !!!
Those shorting should be cautious as a squeeze chain may occur!