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๐ Massive Short Squeeze Alert! ๐
The crypto market is on fire as over $436 million in contracts were liquidated across the entire network in the last 24 hours.
The Highlights:
* ๐ Shorts Wiped Out: The move was primarily driven by short positions getting squeezed as Bitcoin reclaimed the $80,000 psychological level.
* ๐ Liquidation Breakdown:
* Total Liquidated: ~$446M (past 24h)
* BTC: ~$179M
* ETH: ~$95M
* ๐ณ Whale Move: On-chain data shows a notable whale who profited $2M from shorts has now flipped long.
* ๐ Market Sentiment: Bitcoin hit a 13-week high of $80,610, with analysts now eyeing $84,000 as the next major target.
Source: [PANews]
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