
Over the past three days—August 19, 20, and 21—the price of BTC rose exponentially from $63,664 to $79,310, an upward movement of over $15,600. This sharp price shift triggered a significant cascade of short position liquidations across the derivatives market, affecting both Bitcoin and Ethereum. During these three days, short liquidations reached: Bitcoin: $1.298 billion Ethereum: $889 million In total, more than $2.188 billion in short positions were liquidated in just three days. Was this rapid movement in BTC organic, or was it forced? What do you think?

