A massive short liquidation just triggered in the Bitcoin market—$2.23M worth of bearish positions got wiped out around the $96,560 level. This kind of sudden flush is textbook liquidity hunting, where price spikes ruthlessly force leveraged shorts into margin calls.
These moments often mark key inflection points. When that much short interest gets cleared in one shot, it typically opens the door for the next leg up. Whether it holds depends on whether fresh buying interest can maintain the momentum above this key price zone.
Keep an eye on liquidation cascades—they're like reading the market's stress points in real time.
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LayerHopper
· 12h ago
2.23 million short positions liquidated. Can we really break through this time? Feels like it's always the same...
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DefiPlaybook
· 12h ago
2.23 million USD short positions were cleared, and the data behind this liquidity hunt is particularly worth a close look. According to on-chain liquidation data, the 96,560 price level is indeed a recent resistance zone, but the key question is... whether it can hold steady afterward depends on the influx of buying volume.
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ValidatorViking
· 12h ago
nah the real tell here is whether we see cascade follow-through or just another liquidity grab... $2.23M is solid but doesnt mean the validators—i mean buyers—actually stick around lol
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GateUser-74b10196
· 13h ago
2.23 million shorts directly爆破, this wave is just a shakeout.
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WhaleWatcher
· 13h ago
2.23 million shorts disappeared in an instant. This squeeze was indeed fierce...
Wait, can the 96560 level hold? It seems like the buying pressure behind needs to catch up.
Liquidation cascade is really mind-reading; it directly reveals where the market is most timid.
If this wave reverses... I need to re-examine the distribution of holdings.
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AmateurDAOWatcher
· 13h ago
The liquidation wave is back again, with 2.23 million short positions wiped out directly. How does it seem like the crypto world is always repeating the same script?
BTCUSDT Market Pulse: Major Short Squeeze Alert
A massive short liquidation just triggered in the Bitcoin market—$2.23M worth of bearish positions got wiped out around the $96,560 level. This kind of sudden flush is textbook liquidity hunting, where price spikes ruthlessly force leveraged shorts into margin calls.
These moments often mark key inflection points. When that much short interest gets cleared in one shot, it typically opens the door for the next leg up. Whether it holds depends on whether fresh buying interest can maintain the momentum above this key price zone.
Keep an eye on liquidation cascades—they're like reading the market's stress points in real time.