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  • πŸ’₯ $2.4 Billion in BTC Shorts Just Got Obliterated

πŸ’₯ $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.

btc

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 wasn’t 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 then… 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:

  • πŸ“ˆ It shows how fragile short positions are right now

  • πŸ’₯ Volatility is alive β€” and it bites

  • πŸ” 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.