According to @52kskew, a commonly used weekend tactic is open shorting BTC to force a puke that triggers a broader sell-off in altcoins, source: @52kskew on X, Sep 13, 2025, x.com/52kskew/status/1966863656324657568. Traders should keep a close eye on BTC over the weekend as potential short-driven pressure could lead to correlated declines in alts, source: @52kskew on X, Sep 13, 2025, x.com/52kskew/status/1966863656324657568.

According to Lookonchain, wallet 0x5D2F is down over 8.6 million dollars on short positions in BTC and ETH as the market rebounded, source: Lookonchain on X, Sep 12, 2025. Lookonchain reports the whale deposited 8 million USDC to increase margin to avoid liquidation, source: Lookonchain on X; on-chain reference via Hypurrscan address 0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7 at hypurrscan.io/address/0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7. Current short exposure is 2,041 BTC approximately 236 million dollars notional and 500 ETH approximately 2.25 million dollars notional, source: Lookonchain on X.

According to @lookonchain, BTC rebounded above $116,000 as address 0xa523 sold 152 ETH (~$679,000) to add margin and closed part of his BTC short positions at a loss, to avoid liquidation (source: @lookonchain on X). According to @lookonchain, this trader has lost over $43.4 million in the past month and now ranks as the biggest loser on Hyperliquid, surpassing @AguilaTrades, @qwatio, and @JamesWynnReal (source: @lookonchain on X; trader data referenced via Hyperdash).

According to Lookonchain, two Abraxas Capital accounts are shorting ETH, BTC, SOL, HYPE, and SUI with aggregate unrealized losses exceeding $190M as of August 10, 2025 (source: Lookonchain). Lookonchain reports the positions include 113,819 ETH shorts with approximately $483M notional, showing more than $144M in unrealized losses, making ETH the largest loss contributor in the basket (source: Lookonchain). Lookonchain did not disclose the trading venues, leverage, or liquidation levels for these shorts, indicating the figures reflect mark-to-market unrealized PnL rather than realized PnL (source: Lookonchain).

According to @rovercrc, if Bitcoin (BTC) surpasses $120,000, over $1.5 billion in BTC short positions are set to be liquidated, indicating a potential for significant volatility and rapid price movements. This large-scale liquidation event could impact trading strategies and spark a momentum-driven rally in the cryptocurrency market, as short sellers are forced to cover positions, amplifying buying pressure. Source: @rovercrc

According to Skew (@52kskew) on Twitter, Bitcoin (BTC) experienced significant liquidation of FOMO-driven long positions at the $95,000 level, with new large short positions opening and aggressively chasing the downward move. This trend signals a shift in market sentiment, suggesting increased short-term volatility and potential for further downside pressure, which traders should monitor closely for risk management and shorting opportunities (Source: Twitter/@52kskew, April 25, 2025).