$ 635 million liquidated in 24 hours as Bitcoin surpasses $ 94,000, fuel predictions of $ 100,000 short squeezing

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$ 635 million liquidated in 24 hours as Bitcoin surpasses $ 94,000, fuel predictions of $ 100,000 short squeezing

Bitcoin crossed $ 94,000. April, launches liquidations worth 635.9 million dollars across the crypto market within 24 hours.

Bitcoin He crossed $ 94,000 on April 23, launches liquidations worth 635.9 million dollars through the crypto market in 24 hours. Toward For information on Koinglas, more than $ 560 million, it arrived from short positions. Bitcoin led the road with $ 230 million, while Ether followed $ 109 million because his price rose to $ 1,787, almost 10% win.

Binance was an exchange with the highest participation of liquidations in a recent four-hour window, of which 78% were short positions. Bibit and the OCCS also reported high amounts of liquidated positions, pointing to a wide volatility of the market.

Prastling in liquidations came that Bitcoin climbed for 45 days high, reached $ 94,236 at the time of reporting, and from 6.29% increases during the day. Some merchants believe that this price price could lead to a short stitching Bitcoin according to Marks of $ 100,000. Mister Cripto, Market analyst, divided The heat of the stage shows the accumulation of liquidation orders around $ 100,000.

He announced that “liquidity of a bunch of about $ 100,000”, suggests that many traders set positions near that level, and if they are activated, they could push the price.

A short grip happens when traders who are betting against assets are forced to go out of that position, usually buying property, causing the price to increase even more. Mr. Cripto said that bear traders start showing signs of stress like Bitcoin got a momentum.

Despite optimism from some fourths, others remain careful. Vincent Liu, the main investment officer in Kronos research, pointed out that the Bitcoin move at 94,000 in the amount of $ 94,000 reflects a positive feeling, but warned that expanding economic factors could affect $ 100,000. “Cleaned tariffs and potential reduction in the feedback rates could ignite further momentum, while the rates of narcocks or unresolved tensions can retain the BTC range-connection” ” said. Liu emphasized the importance of the upcoming meeting of the Federal Federal Committee (FOMC) (FOMC), as well as US trading talks with India and China as a key variable.

Heat data and increase in short liquidations suggest a market environment, where many traders take directioned bets. The current level of Bitcoin became a psychological turning point, with a significant amount of trading and open interest concentrated around the level of $ 100,000.

How the market digests and events remains uncertain whether Bitcoin can withstand its momentum upward or if the rally will become obsolete below a lot of expected threshold. For now, traders watch carefully as positions build and market pressure grows.

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2025-04-24 04:11:00