Over $458 million in crypto positions got wiped out as the market faced a major liquidation wave. The trigger? Bitcoin's relentless push through the $95K resistance level, catching short traders off guard. As the world's largest cryptocurrency continued climbing, leveraged positions that were betting on further declines got forced into unwinding. This classic squeeze pattern reveals how quickly market sentiment can shift—especially when Bitcoin breaks key psychological levels. Traders who were holding short positions suddenly found themselves hemorrhaging as long liquidations reversed course. The liquidation cascade underscores the volatility inherent in leverage trading; even modest price moves can trigger outsized losses when positions are overleveraged. Such moves are fairly common during bull runs when buyers regain control, but the sheer scale here—nearly half a billion dollars—demonstrates just how crowded the short side had become before this breakout.
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APY_Chaser
· 7h ago
The shorts got squeezed again, this time cutting 450 million... BTC is like this, once it breaks a key level in one go, no one can stop it.
Leverage traders suffer heavy losses, it's not unfair. If you're bullish, just stay bullish; why bet against?
This squeeze was really fierce, half a billion dollars just disappeared.
Short positions are piling up, waiting to be harvested. No risk awareness, deserved.
Once the 95k level breaks, everything collapses and escapes. The short sellers really got wrecked this time.
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NewDAOdreamer
· 8h ago
The shorts are indeed having a tough time this round, losing 450 million just like that...
The 95K level for Bitcoin is indeed fierce; leveraged players simply can't withstand it.
That's why I never go all-in on shorts; those betting against the trend are always getting beaten.
I feel a bit sorry for the brothers who got liquidated, but this is the fate of leverage trading.
A bull market should make the shorts bleed; is the opportunity for retail investors to bottom fish here?
Half a billion gone, which shows there are really many people shorting... There must be a story behind this.
Seeing such large-scale liquidations is satisfying, but it also indicates that market risk is extremely high, so be careful.
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DegenWhisperer
· 8h ago
Wow, 450 million just disappeared. The bears have really been beaten badly this time.
Bitcoin breaking 95K? I told you not to resist stubbornly. Now look at you.
Leverage trading is playing with fire. This liquidation wave is entirely deserved.
There are so many people in the short team; sooner or later, they'll get cut.
Breaking support is like this—markets turn on a dime. Contract trading really has no humanity.
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SelfCustodyIssues
· 8h ago
4.5 Billion Dollars Liquidated? Oh no, the shorts are really getting wrecked this time. The 95K level directly knocked them out.
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Leverage trading is indeed a meat grinder. One break below support and everything is gone. That’s why I never play short.
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Hey, this liquidation was really outrageous. Billions of positions just disappeared, Bitcoin is really fierce.
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Short-term traders betting on a drop have learned their lesson this time. A breakdown means death, no suspense.
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Looking at the scale, the shorts are really wiped out… Once 95K breaks, the mentality collapses.
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This is the power of leverage. You think you’re right, but turn around and lose everything. Cruel.
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Alright, another massacre of shorts. Get used to it. This is how bear markets start. Just wait for the next support level.
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So many people betting on a decline… and what happened? They got violently liquidated in the opposite direction. The market loves this.
Over $458 million in crypto positions got wiped out as the market faced a major liquidation wave. The trigger? Bitcoin's relentless push through the $95K resistance level, catching short traders off guard. As the world's largest cryptocurrency continued climbing, leveraged positions that were betting on further declines got forced into unwinding. This classic squeeze pattern reveals how quickly market sentiment can shift—especially when Bitcoin breaks key psychological levels. Traders who were holding short positions suddenly found themselves hemorrhaging as long liquidations reversed course. The liquidation cascade underscores the volatility inherent in leverage trading; even modest price moves can trigger outsized losses when positions are overleveraged. Such moves are fairly common during bull runs when buyers regain control, but the sheer scale here—nearly half a billion dollars—demonstrates just how crowded the short side had become before this breakout.