Massive liquidation event hit the crypto market: $98M in short positions wiped out within just 1 hour. This sudden spike in liquidations signals intense market volatility and potential reversal pressure as bears get squeezed out. Traders monitoring liquidation cascades remain alert for follow-up movements.
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AltcoinTherapist
· 5h ago
The short positions have been blown up, this is the drama I like to watch
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DaoDeveloper
· 5h ago
ngl this liquidation cascade is textbook squeeze dynamics - the kind of scenario where order book depth really matters. anyone running simulations on the funding rate mechanics before this spike?
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GasWaster
· 5h ago
98M? That's nowhere near it. It's less than one-tenth of the last liquidation.
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GasFeeCrier
· 5h ago
98M liquidation settled within an hour, this bullish move is truly incredible
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GasFeeAssassin
· 5h ago
Whoa, 98M? Within an hour? This wave of the bear market has been squeezed out directly.
Massive liquidation event hit the crypto market: $98M in short positions wiped out within just 1 hour. This sudden spike in liquidations signals intense market volatility and potential reversal pressure as bears get squeezed out. Traders monitoring liquidation cascades remain alert for follow-up movements.