Bitcoin Surges Above $94K as $300M in Shorts Liquidated in Massive Short Squeeze
Bitcoin surged past the $94,000 mark early Tuesday morning, triggering a cascade of short liquidations worth over $300 million—the largest single-day short wipeout since October 2022. The dramatic rally has left bearish traders reeling and market analysts buzzing about the mechanics behind the explosive move. According to data from Coinglass, total crypto liquidations topped $650…