According to Crypto Rover (@rovercrc), over $830 million worth of cryptocurrency short positions were liquidated in the past 24 hours, signaling a strong upward momentum in the crypto market. This widespread liquidation reflects a significant short squeeze, forcing bearish traders to cover their positions and potentially amplifying price volatility in major cryptocurrencies such as Bitcoin and Ethereum. Traders should monitor open interest levels and funding rates as these liquidations often precede sharp market moves and can present high-risk, high-reward trading opportunities. Source: Crypto Rover Twitter, May 9, 2025.

According to Crypto Rover, Bitcoin short liquidations have reached nearly $500 million over the past 24 hours, signaling a powerful short squeeze event and increased volatility in the crypto market (source: Twitter/@rovercrc, May 8, 2025). This rapid unwinding of bearish positions is driving upward momentum for BTC prices and may trigger further liquidations if upward trends persist. Traders are advised to monitor open interest and funding rates closely, as these liquidation levels often precede major price swings and can impact leverage strategies across major exchanges.

According to @Andre_Dragosch, short BTC futures liquidations surged significantly as Bitcoin's price moved above $100,000, highlighting intense pain for short sellers and signaling a strong upward momentum in the crypto market (source: Twitter/@Andre_Dragosch, May 8, 2025). This liquidation spike suggests that bearish traders are being forced out of positions, potentially fueling further bullish rallies and increasing volatility. Traders should monitor open interest and liquidation data closely, as these metrics can offer early warning signals for rapid price movements and trend reversals in the Bitcoin and broader cryptocurrency markets.

According to Crypto Rover, a significant wave of short liquidations is currently driving Bitcoin’s price momentum, suggesting strong upward pressure towards the $100,000 mark (source: Crypto Rover on Twitter, May 8, 2025). This liquidation event indicates that bearish traders are being forced to exit their positions, often triggering rapid price increases. For traders, monitoring open interest and liquidation data is essential to anticipate further volatility and potential entry points as Bitcoin approaches major psychological resistance. The current trend underscores increased bullish sentiment and could impact altcoin performance as capital flows into Bitcoin.

According to Lookonchain, $45.73 million was liquidated on ALPACA, with one trader alone facing a $3.98 million liquidation, as reported by Coinglass on April 30, 2025 (source: Lookonchain via Twitter; Coinglass.com/LiquidationData). This spike in liquidation volume highlights significant volatility and potential forced sell pressure in the ALPACA market. Traders should closely monitor ALPACA price action and liquidity levels, as such major liquidations often precede rapid price swings and increased short-term trading opportunities.

According to CrypNuevo, recent liquidation data provided a successful long trade from $93.3k to $99k. Current analysis of liquidation levels shows an equal potential for downside and upside movements, although there may be more potential upward due to the current lower timeframe (LTF) downtrend. Key price levels to watch are $94.7k and $92.5k, as they could signal major trading opportunities.

According to Crypto Rover, Bybit has become the first cryptocurrency exchange to make all liquidation data fully public, marking a significant step towards greater market transparency. This move is expected to provide traders with valuable insights into market conditions and enhance decision-making processes by allowing them to better understand the impact of liquidations on price movements.