Breaking News: Massive $2.03M $BTC Short Liquidated at $94,519.01
Bitcoin’s relentless rally has claimed another victim, as a staggering $2.03 million in short positions were liquidated at the $94,519.01 mark.
This liquidation underscores the immense buying pressure driving $BTC to new highs and signals a potential short squeeze in the making.
Key Highlights:
Record Liquidation:
One of the largest single liquidations in recent sessions, highlighting the risks of over-leveraged positions in a bull market.
Market Sentiment:
Bitcoin’s breakout beyond $94K is solidifying bullish momentum, leaving bears scrambling to exit positions.
Next Steps:
With shorts cleared, $BTC could see an acceleration in upward momentum, but traders should watch for potential resistance near psychological levels.
Bitcoin’s meteoric rise continues to rewrite the rules.
Will $100K be next?
Stay vigilant and position wisely.