$918M in shorts liquidated in 24 hours
Summary
In a significant market event, $918.9 million worth of shorts were liquidated within a 24-hour period, indicating a rapid price increase in the underlying assets. Such large-scale short liquidations often occur when traders, who are betting on declining prices, are compelled to close their positions due to rising prices, which can further amplify market volatility. This spike in liquidations highlights the severity of a short squeeze, a situation frequently monitored by crypto derivatives platforms that track real-time liquidation data.
Analysis
Market_volatility: Large-scale short liquidations over a single 24-hour period generally signal sudden, sharp upside moves in the underlying assets and can exacerbate price spikes by triggering forced buying. Derivatives_context: Crypto derivatives platforms track aggregated long and short liquidations in real time, and notable liquidation events are frequently highlighted by analytics dashboards and market commentators to illustrate the severity of a short squeeze. Liquidations_definition: Short liquidations occur when traders who are betting on price declines are forced to close their positions as prices rise, typically through automatic margin calls on derivatives exchanges.
Categories
cryptodefihyperliquid
Related sources
- https://coinstats.app/derivatives/liquidations/
- https://www.gate.com/crypto-market-data/funds/liquidation
- https://www.coinglass.com/liquidations
- https://www.cryptometer.io/liquidation-data
- https://u.today/bitcoin-sees-biggest-ever-short-liquidation-volume-as-it-surges-to-nearly-70k
- https://www.tradingview.com/news/cryptobriefing:e0c0f9b7d094b:0-bitcoin-price-jumps-2-000-to-reclaim-78-000-after-80m-shorts-liquidated/
- https://www.tradingview.com/news/cryptobriefing:f67e749d7094b:0-bitcoin-surges-above-80-000-triggering-183m-in-shorts-liquidated/
- https://www.binance.com/en/square/post/357667597087345
- https://www.techflowpost.com/en-US/newsletter/136858
- https://www.tradingview.com/news/benzinga:f44635b46094b:0-bitcoin-cracks-80-000-ethereum-xrp-surge-4-on-170m-short-liquidations/
- https://cryptonews.net/news/analytics/33380846/
- https://crypto.news/3-billion-short-squeeze-anatomy-crypto-biggest-liquidation-2021-2/
- https://coinaligator.com/liquidations/
- https://www.straitstimes.com/business/crypto-surge-triggers-record-us2-7-billion-of-short-liquidations
- https://finance.yahoo.com/markets/crypto/articles/crypto-bears-burned-short-liquidations-055534539.html