According to Crypto Rover, all Ethereum (ETH) long positions have been liquidated, indicating a shift in market sentiment and raising the possibility of a short squeeze if bearish traders become overexposed. This development suggests traders should closely monitor short interest and funding rates to anticipate potential rapid price rebounds, as high levels of short positioning may lead to aggressive upward moves if a reversal occurs (source: Crypto Rover on Twitter, June 22, 2025).

According to @52kskew, a potential single entity has returned during illiquid trading hours to sell large clips of BTC, triggering significant market activity. Since the start of TWAP (Time-Weighted Average Price) selling, approximately 2000 BTC have been sold directly into the market, with a corresponding unwinding of about 2000 BTC in long positions. This concentrated selling pressure during low liquidity periods has accelerated long liquidations and created volatility in the BTC price, offering short-term trading opportunities and highlighting the risks of trading during off-peak hours (Source: @52kskew on Twitter).

According to Gordon (@AltcoinGordon) on Twitter, if Bitcoin (BTC) falls below the $100,000 price level, more than $1.81 billion in long positions could be liquidated. This represents a significant risk factor for leveraged traders and could lead to cascading sell-offs, impacting overall market liquidity and volatility. Traders should closely monitor BTC price action around the $100K threshold as heavy liquidation could amplify downward momentum in the crypto market. Source: Gordon (@AltcoinGordon) on Twitter, June 15, 2025.

According to Michaël van de Poppe, the recent event marks the highest long liquidation for Bitcoin since October 2021. This indicates a significant impact on the market, as assets are transferred from weaker to smarter investors. Despite this, van de Poppe suggests this is an extreme buying opportunity rather than the end of the bull cycle.

According to Skew Δ, the Bitcoin market is experiencing aggressive selling pressure, though current sell volume is not significant. Long positions are being liquidated under price pressure, while passive buyers are attempting to absorb the selling activity.