JUST IN: ~$280M in Bitcoin shorts liquidated within 24H!
Over $280,000,000 in short positions just got wiped out as BTC surged, triggering a classic short squeeze.
As price pumped, bears got rekt—closing positions under pressure, which only amplified the upward momentum.
This mass liquidation signals a shift: bearish sentiment crumbling, bulls gaining control.
It’s also a brutal reminder of what leverage + crypto volatility can do:
You bet against the trend… you might get steamrolled.
If bullish energy holds and fresh $$ flows in, this could be the start of a stronger uptrend.
For short-sellers? One lesson: Don't fight the tide—unless you're ready to drown.