Over $121 million in crypto short positions got wiped out in just the past hour. The liquidation cascade hit traders hard, suggesting significant price movements shook up leveraged bets across major exchanges. When shorts unwind this aggressively, it typically signals strong momentum shifts in the market.
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Over $121 million in crypto short positions got wiped out in just the past hour. The liquidation cascade hit traders hard, suggesting significant price movements shook up leveraged bets across major exchanges. When shorts unwind this aggressively, it typically signals strong momentum shifts in the market.