🏮 BTC LIQUIDATION ALERT, LATEST UPDATE 🏮
Breaking Alert: $280,000,000 worth of Bitcoin shorts liquidated in the past 24 hours.
Roughly $280 million worth of Bitcoin short positions were wiped out in the last 24 hours, triggering a classic short squeeze. As Bitcoin's price surged, traders betting against the rally were forced to close positions, fueling even more upward pressure. 🤔
This kind of mass liquidation typically signals a sentiment shift, bears getting burned while bullish momentum gains strength. It also highlights the brutal risks of leveraged trading in crypto markets, where volatility can turn the tide in hours. 🙄
Trade wisely, Stay Safe 😀
