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Over $100 Million in Bitcoin Short Positions Get Liquidated Within an Hour
The crypto market just witnessed a massive short squeeze—more than $100 million worth of BTC short positions were wiped out in a single hour. This kind of sharp liquidation typically signals a dramatic price move or sudden bullish momentum that caught traders off guard. Such large-scale shorts getting cleared often acts as a trigger for further upside, as liquidated positions can amplify market moves. Worth watching how the market responds in the coming hours.