Markets· ★★★· bullish·

Bitcoin Shorts Drive Bulk of $194 Million in 24-Hour Liquidations

  • —Total 24-hour liquidations reached $194.4 million
  • —Bitcoin liquidations accounted for $135.2 million
  • —91.13% of BTC liquidations were shorts
  • —Data snapshot taken at 04:53 UTC on October 2
Why it matters: The short squeeze signals a sharp price move and could fuel further volatility in both directions.
#BTC
Source: Coinotag
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