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- π₯ $2.4 Billion in BTC Shorts Just Got Obliterated
π₯ $2.4 Billion in BTC Shorts Just Got Obliterated
On July 10th, Bitcoin pulled off its biggest short squeeze in four years β$2.4 billion in liquidations. In a single day.

On July 10th, Bitcoin pulled off its biggest short squeeze in four years β
$2.4 billion in liquidations. In a single day.
Let that sink in.
This wasnβt some random wick.
This was a full-blown liquidation event that left bears gasping for air.
So what happened?
Too many traders bet against BTC at once β and thenβ¦ boom.
One push up, and liquidation engines did the rest.
Forced buys, cascading stops, and a beautiful sea of red (for the shorts, anyway).
According to on-chain trackers, this was the largest single-day liquidation since 2021.
Why it matters:
π It shows how fragile short positions are right now
π₯ Volatility is alive β and it bites
π We could be entering another wave of violent moves β up or down
This isn't just noise. It's a reminder:
In crypto, when things move β they really move.
Stay sharp.
Because the market just reminded us who's boss.