2026-01-02 15:21:16

Bitcoin's sharp rebound just wiped out a massive wave of shorts. In the last 24 hours, $206.3M in positions got liquidated—and here's the kicker: $161.4M of that (78%) were short sellers getting squeezed out, while only $44.9M came from long positions. As BTC pushes toward retesting the $90K level, the momentum shift looks real. Is this the start of something bigger, or just a technical bounce? The liquidation data suggests the bears are getting flushed out.

BTC1,58%

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AmateurDAOWatcher

· 11h ago

The shorts have been liquidated again. The liquidation data this time is quite satisfying, haha.

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GasFeeCrybaby

· 11h ago

The short positions got wrecked again and again. This round was so awesome.

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SatoshiChallenger

· 11h ago

Interesting, 78% short liquidation is called a "bull market cleansing"? The data speaks for itself. The last time we were this optimistic was last November, and then what happened? Ironically, $161.4M sounds like a lot, but objectively, this amount of trading volume can't really shake anything. Historical lessons tell us that a rebound doesn't equal a reversal; don't be fooled by technicals. Wait, re-test 90K and then what? I bet five months from now I'll come back to this post with a different feeling. I'm very familiar with this narrative. Every time they say "the momentum is really here," it's always a flash in the pan. Not to be confrontational, but I want to ask—why would this time be different?

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