$BTC
Bitcoin Spikes, $240K in Shorts Liquidated
Bitcoin made a strong upward move, liquidating $240,000 worth of short positions as its price soared to $94,157.35.
Traders betting against the cryptocurrency were caught off guard by the sudden rise, forcing them to close their positions at a loss.
This liquidation added more momentum to Bitcoin's rally, pushing it higher and signaling strong buying pressure in the market.
The event highlights Bitcoin’s unpredictable nature, where large swings can create massive liquidations.
As BTC climbs to new heights, all eyes are on whether this surge will continue or meet resistance in the days ahead.
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