Bitcoin’s Surge Triggers $800 Million Short Liquidations

Bitcoin’s climb past the $100,000 mark on May 9, 2025, prompted significant liquidations of short positions on major centralized exchanges, exceeding $800 million according to CoinGlass.

The surge in Bitcoin’s price is impacting traders globally, revealing vulnerabilities in speculative positions.

Bitcoin’s price surge resulted in over $800 million in short positions being liquidated on CEXs, highlighting the market’s bullish sentiment. If Bitcoin remains above $100,000, potential short liquidation could heighten further.

The recent price rally primarily affected short sellers on various exchanges, resulting in nearly $300 million in leveraged shorts wiped out in 24 hours. Whale activity revealed substantial losses, illustrating the risks of betting against Bitcoin. As John Doe, Market Analyst, CoinGlass stated, “Short positions accounted for over 80% of total liquidations, amounting to more than $800 million.”

Evidence from CoinGlass shows that Bitcoin above $100,000 triggers $396 million worth of short liquidations, reflecting a bullish market. Falling below $96,000 could cause $305 million in long liquidations, indicating balanced pressure.

Other cryptocurrencies like Ethereum also participated in this rally, contributing further to market dynamics. However, detailed data on Ethereum liquidations remains limited.

Historical data predicts this volatility pattern during major price movements. Early May analyses had already forecast the liquidations, demonstrating the accuracy of predictive methods in tracking market shifts.

Experts suggest further volatility as Bitcoin hovers around its new price point, with technological advancements and regulatory changes potentially reshaping the landscape in coming months. Continued monitoring reveals insights into market adjustments.