Bitcoin Smashes $110K—$280M in Crypto Shorts Obliterated in Market Carnage
Crypto bears got steamrolled as Bitcoin's relentless rally triggers a bloodbath for short sellers.
The king of crypto just turned $280 million into smoke—proof that betting against Bitcoin remains a career-limiting move. Here's how the massacre unfolded.
Liquidation Dominoes
When BTC pierced $110K, leveraged short positions crumbled like a Jenga tower in a hurricane. Exchanges executed margin calls with surgical precision—no mercy for the undercollateralized.
Market Mechanics at Work
Liquidations beget more liquidations. Each cascade pushed prices higher, trapping bears in a self-reinforcing death spiral. Classic crypto—where the 'free market' is really just a wealth transfer mechanism from the impatient to the diamond-handed.
Wall Street's Tiniest Violins
Meanwhile, traditional finance pundits are busy revising their 'bubble' narratives—right after finishing their 3pm martini lunch. Some things never change.
One truth remains: in crypto, you're either the hammer or the nail. Today, the bears got pounded.
