Bitcoin's recent surge has been quite significant. According to on-chain data tracking platforms, this rally triggered the largest wave of short liquidations since October 10, involving a scale that covers the top 500 cryptocurrencies. In other words, many traders betting on a decline in price were forced out of their positions.
What does this reflect? On one hand, it indicates that market sentiment is rapidly shifting; on the other hand, it also confirms how active leverage trading has been in this cycle. The more intense the short liquidations, the more it shows that the bullish forces are being unleashed. For traders, such data turning points are often key signals for rebalancing their positions.
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Degentleman
· 22h ago
The short sellers got squeezed out, this move was really fierce. The leverage traders are going to cry again, haha.
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DoomCanister
· 22h ago
The short positions got crushed again. The liquidation scale this round is quite intense.
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EthSandwichHero
· 22h ago
The short squeeze exploded haha, this is the roar of the bulls.
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ReverseFOMOguy
· 22h ago
The short positions got squeezed out, and with such a large liquidation scale, it shows that the bulls are really gaining momentum.
This is the time to be most cautious, as it's easy to get caught.
It's another leverage game, and the retail investors are about to pay their tuition fees again.
With such a fierce liquidation wave... it feels like a trend reversal is coming?
The guys betting on a decline have all been wiped out, it's hilarious.
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gas_fee_therapist
· 22h ago
The short positions have been liquidated, and this liquidation scale is truly outrageous. Time to start the game of strategy again.
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BTCRetirementFund
· 22h ago
Short sellers got liquidated hard again, this is the magic of leverage...
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HashBrownies
· 22h ago
The shorts got wiped out again. This round of liquidation is really fierce. It feels like the leverage traders are all just giving away money.
Leverage Trading Drama Replays?
Bitcoin's recent surge has been quite significant. According to on-chain data tracking platforms, this rally triggered the largest wave of short liquidations since October 10, involving a scale that covers the top 500 cryptocurrencies. In other words, many traders betting on a decline in price were forced out of their positions.
What does this reflect? On one hand, it indicates that market sentiment is rapidly shifting; on the other hand, it also confirms how active leverage trading has been in this cycle. The more intense the short liquidations, the more it shows that the bullish forces are being unleashed. For traders, such data turning points are often key signals for rebalancing their positions.