Thanks for the update. Here's a quick interpretation of this liquidatio
🟢 BTCUSDT [Bybit] Short Liquidation
Amount: $300.97K
Price: $108,263
🔍 What it means:
A short position worth nearly $301K was liquidated on Bybit.
This means the price surged to $108,263, forcing short sellers to close positions due to insufficient margin.
🚨 Implication:
Bullish pressure is dominant at this price level.
Could indicate $BTC