Bitcoin Surges to Record High, Triggering Massive Liquidations
- Bitcoin’s price exceeded $111,800 on May 21-22, 2025.
- The surge resulted in over $500 million in liquidations within 24 hours.
- Short positions faced losses of approximately $308 million.
- Liquidations for Bitcoin and Ethereum trading pairs totaled about $229 million and $127 million, respectively.
- Bybit and Binance recorded liquidation volumes of around $203 million and $135 million.
The unprecedented rise in Bitcoin’s value led to significant market activity, with short positions seeing the greatest impact as more than $500 million was liquidated across major exchanges like Bybit and Binance.
Source (2.6)https://hodl.press/bitcoin-hits-record-high-as-liquidations-surpass-500-million/?rand=24434
