#BTCBackto100K
Nearly $1B in Crypto Liquidations—Shorts Got Wrecked🤣
“BTC hits $100K, short traders hit the panic button.”
“Shorting the top? The market had other plans…”
💥 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 traders—especially those betting against BTC—got wiped out, accounting for $815 million, or 85% of total losses in just 24 hours.
📊 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
🏦 Top Liquidation Exchanges:
Bybit: $313.65M
Binance: $214.33M
Gate.io: $177.87M
😂 Meme Zone:
“Short traders waking up to BTC at $100K like…”
“That one friend who shorted the pump: ‘It’ll retrace, trust me.’”
“When the market goes full send and you bet the opposite.”
