Markets· ★★★· bullish·

BTC Breaks $85K, ETH Tops $2,750: Two Addresses Liquidated for Over $26M in Shorts

  • BTC broke $85,000 and ETH crossed $2,750, triggering short liquidations
  • Address 0x06bc: 5,867 ETH short liquidated for about $16.13M
  • Address 0xec0b: 122.88 BTC short fully liquidated for about $10.16M
  • Combined short positions worth over $26M were wiped out
Why it matters: The sharp move in BTC and ETH forced out large shorts, potentially adding fuel for further upside.
Source: PANews