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The bears just got a massive wake-up call. ๐จ
In the last 24 hours, the crypto market saw a staggering $646 million in liquidations. The highlight? Short positions were absolutely hammered, accounting for $462 million of that total as Bitcoin surged. ๐
The Damage Report:
โข ๐ BTC: $245.54M liquidated
โข ๐ต ETH: $126.44M liquidated
โข ๐ฃ SOL: $19.79M liquidated
One massive Bitcoin short even got nuked from $100 million down to just $900. Absolute carnage for the over-leveraged. ๐๐ฅ
Are we looking at a permanent trend shift or just a classic short squeeze? ๐ง
#Crypto #Bitcoin #Trading #Liquidations #GateSquareAprilPostingChallenge