2026-01-14 19:48:42

Bitcoin just broke through $97,000—the highest level since mid-November. What's fueling this rally? A massive wave of short liquidations. In the last 24 hours alone, traders holding levered short positions got wiped out to the tune of $700 million. When that much leverage gets flushed out of the system, it creates a cascade effect—forced covering pushes prices higher, which triggers more liquidations. Classic market dynamics playing out in real time.

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DisillusiionOracle

· 16h ago

700 million USD liquidation, shorts crushed alive—this is the joy of the crypto world.

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SignatureLiquidator

· 17h ago

Short sellers got slaughtered again, $700 million gone just like that.

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pumpamentalist

· 01-16 06:44

97k reached, and the bears were wiped out again. 700 million liquidation, whether it's a lot or not, doesn't matter—just keep pushing upward.

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SmartContractPlumber

· 01-14 20:18

700 million USD short liquidation? That's the cost of leverage, similar to a contract vulnerability—the lack of proper permission control makes the entire system susceptible to chain reactions leading to a collapse.

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orphaned_block

· 01-14 20:18

700 million dollars liquidated, shorts crying in the bathroom, this wave of market growth is just so wildly aggressive

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GweiTooHigh

· 01-14 20:18

700 million dollars liquidated, shorts crying their eyes out in the bathroom.

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MEVHunter

· 01-14 20:13

shorts getting absolutely decimated lol... $700m liquidated in 24h is insane. but ngl this cascade is textbook—forced covering always bleeds into the next level. watched the mempool all morning, toxic flow everywhere. smart money already positioned before the cascade started obv. anyone still holding longs into this is either brave or stupid, can't tell which anymore.

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SmartContractDiver

· 01-14 20:12

700 million USD liquidation, the shorts were directly wiped out. This move is indeed powerful.

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RunWhenCut

· 01-14 19:49

The shorts have been pressed to the ground and rubbed again, 700 million dollars. Feeling good or not?

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