Bitcoin just broke through the $93,000 mark, and the move triggered a cascade of short liquidations. Close to $100 million in short positions got wiped out within the last hour alone. The leverage traders who were betting against the rally got caught off guard as momentum shifted sharply upward. This kind of rapid liquidation typically indicates strong buying pressure and conviction in the bull case pushing toward new highs.
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AirdropF5Bro
· 01-08 06:51
The short positions got wiped out again, haha. This is the consequence of playing with leverage.
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ZkProofPudding
· 01-07 00:25
The short seller got liquidated again, haha. 10 billion dollars just disappeared.
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CryptoMotivator
· 01-07 00:13
The short position was liquidated again, this is the price of arrogance.
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AirdropHunter9000
· 01-05 07:49
The shorts got crushed again. Was it this intense this time?
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BTCBeliefStation
· 01-05 07:46
The short position got liquidated again, serves you right
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DeFiAlchemist
· 01-05 07:43
*adjusts alchemical instruments* the liquidation cascade is quite revealing... $100m in shorts getting transmuted into pure loss within an hour? that's not just momentum, that's the market's philosopher's stone working overtime. the leverage traders thought they could short the transmutation but the protocol of price discovery had other plans lmao
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ChainWanderingPoet
· 01-05 07:38
The short position was wiped out again, this is the price of playing with leverage.
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NotFinancialAdviser
· 01-05 07:34
The bears got slaughtered again, so satisfying haha
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DefiPlaybook
· 01-05 07:24
Notably, in the past hour, $100 million short positions were liquidated. What does the on-chain data behind this actually indicate?
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The liquidation wave following the $93k breakout, from a data perspective, is actually a classic leveraged trap scenario. The specific analysis is as follows: the release of short-term liquidations at the $100M level usually indicates that market participants' risk exposure has reached a critical point.
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Regarding the concentrated short liquidations... Based on historical data, this often signals a false breakout before a reversal, so risk alert to everyone.
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Interestingly, such a large liquidation within a short period, from the perspectives of protocol design and risk control mechanisms, indicates that there are obvious vulnerabilities in the leverage trading liquidation mechanism.
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$100 million short liquidation... This scale, when compared to historical data, is not considered extreme, but it indeed reflects a rapid reversal of market sentiment.
Bitcoin just broke through the $93,000 mark, and the move triggered a cascade of short liquidations. Close to $100 million in short positions got wiped out within the last hour alone. The leverage traders who were betting against the rally got caught off guard as momentum shifted sharply upward. This kind of rapid liquidation typically indicates strong buying pressure and conviction in the bull case pushing toward new highs.