According to @rovercrc, approximately 250,000,000 dollars of Bitcoin BTC and Ethereum ETH short positions were liquidated in the past 24 hours. Source: @rovercrc. This reported wave of forced short closures can coincide with short squeeze dynamics and heightened upside volatility, so traders may reassess risk controls around recent highs and breakout levels until liquidations stabilize. Source: @rovercrc.

According to Milk Road (@MilkRoadDaily), traders who sold Bitcoin at $80,000 and Ethereum at $1,800 in March 2025 faced significant missed opportunities, as both assets reportedly surged up to 150 times after initial sell-offs. The scenario underscores the critical trading risk of timing the market and failing to re-enter before massive rallies, emphasizing the importance of long-term holding strategies for crypto investors. This narrative, based on Milk Road's post, highlights the high-stakes decisions in cryptocurrency trading and the potential for substantial losses if traders attempt to buy back after major upward moves (source: Milk Road Twitter, May 30, 2025).