🚨 $1.33B Liquidated in 24hrs!
The crypto market just witnessed one of the largest short squeezes in years, with over $1.3 billion in positions wiped out — mostly shorts — as BTC surged past $118K. Nearly 90% of the liquidations came from bears betting against the rally.
🔹 ~237K traders liquidated
🔹 BTC & ETH led the wipeout
🔹 Futures open interest at record highs
📈 This flush has shifted short-term sentiment bullish, but with leverage still high, volatility could stay elevated. Stay sharp — more fireworks may follow