CentBit.Online – Crypto & Blockchain Expert, Bangladesh
Over $225 million worth of short positions have been liquidated across the cryptocurrency market in the past two hours, as Bitcoin and major altcoins surged sharply.
Data from liquidation trackers shows that Bitcoin, Ethereum, and Solana led the rally, catching bearish traders off guard. The sudden spike in prices forced a wave of short liquidations on major exchanges, marking one of the largest short squeezes of the week.
Analysts attribute the move to renewed institutional inflows and strong ETF trading volume, particularly in spot Bitcoin and Ethereum ETFs, which recently recorded record-breaking activity.
“The market’s volatility continues to show why overleveraged positions are risky — even for seasoned traders,” one analyst noted.
The surge in liquidations has also reignited bullish sentiment across social media, with traders speculating that Bitcoin could soon retest the $120,000 mark if momentum continues.
(Website: CentBit.Online – Crypto & Blockchain Expert, Bangladesh)
