source avatarLinton Worm (🍏,🪱)

Share

🚨 BITCOIN PUMP TRIGGERED MASSIVE $630M LIQUIDATION SQUEEZE Bitcoin just staged a violent surge from $74,900 up to $80,900, wiping out over $630 million in short positions over the last 24 hours This brings total market liquidations across crypto to a staggering $2.25 billion already this week Liquidity heatmap data highlights two major order pools sitting on either side of price: > Overhead Pool: $81,000–$84,000 holds $950 million in short stop-losses > Downside Pool: $72,000–$80,000 holds a massive $4.5 billion in long liquidations While a quick squeeze to sweep the $950M short pool at $81k–$84k remains possible, higher timeframe odds lean toward price eventually rotating down to target that massive $4.5B long liquidity stack below Short sellers got caught completely off guard by this squeeze Follow + notifs on, I will keep you updated

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.