Bitcoin Surpasses $84,000, Triggering $192 Million in Short Liquidations

TL;DR Bitcoin climbed above $84,500 after gaining 2.5% during the session. Short liquidations across the crypto market exceeded $192 million. Bitcoin liquidations reached approximately $78.6 million, with 93% coming from bearish positions. More than 71,000 traders were liquidated, while BTC trading volume increased 7% to over $27 billion. Bitcoin surpassed $84,500 after gaining 2.5% over the past 24 hours , during a session marked by massive liquidations of bearish positions across the crypto market. According to CoinGlass , total market liquidations reached approximately $246 million , with around $192 million coming from short positions . These accounted for more than 77% of the total. Bitcoin liquidations totaled approximately $78.6 million , with 93% coming from traders betting on a price decline.

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