đ€ŁNearly $1B in Crypto LiquidationsâShorts Got Wreckedđ€Ł
âBTC hits $100K, short traders hit the panic button.â
âShorting the top? The market had other plansâŠâ
đ„ What Happened:
Crypto markets just saw $953.86 million in liquidations on Thursday night (May 8) as Bitcoin surged 5%, reclaiming its psychological level of $100K.
The real carnage? Short tradersâespecially those betting against BTCâgot wiped out, accounting for $815 million, or 85% of total losses in just 24 hours.
đ The Breakdown:
Total traders liquidated: 199,366
Shorts crushed: $815.86M
Longs liquidated: $138M
Top tokens liquidated:
BTC: $391.68M
ETH: $311.61M
Others: $49.41M
đŠ Top Liquidation Exchanges:
Bybit: $313.65M
Binance: $214.33M
Gate.io: $177.87M
đ Meme Zone:
âShort traders waking up to BTC at $100K likeâŠâ
âThat one friend who shorted the pump: âItâll retrace, trust me.ââ
âWhen the market goes full send and you bet the opposite.â
đ Did you survive the wipeout or get caught in the storm?
đ Follow for market moves, liquidation alerts, and memes stronger than your liquidation price.