Bitcoin tops $83,000 as $279M liquidated in 24 hours, 69.8% shorts
- —24-hour liquidations totaled $279.14M, with shorts at $194.78M (69.8%)
- —Ethereum liquidations reached $92.91M, including $64.17M in shorts (69.1%)
- —Largest single liquidation was an $11.96M BTCUSDT short on Binance
- —ZEC saw $14.54M liquidated, 84% shorts; SOL $13.02M, shorts $9.67M
Why it matters: The short squeeze amplified bitcoin's push above $83,000; whether the move holds depends on buyers clearing resistance.
Source: TokenPost