#BTCvsMarkets

JUST IN: $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.