According to @cas_abbe, ETH just made a new yearly high. Source: @cas_abbe. According to @cas_abbe, more than $100M in ETH shorts were liquidated over the past 24 hours, indicating heavy short-covering flow that traders are monitoring around the breakout. Source: @cas_abbe. According to @cas_abbe, the author is asking whether ETH could set a new ATH in August, highlighting market attention on upside momentum and risk management for short positions. Source: @cas_abbe.

According to @rovercrc, more than $18 billion worth of Bitcoin short positions are at risk of liquidation if BTC reaches the $125,000 level. This development signals heightened volatility and potential for a major short squeeze in the Bitcoin market, which could drive rapid price movements and impact broader crypto trading strategies. Traders should closely monitor BTC price action around this threshold for significant liquidation events and adjust leverage and risk management accordingly. Source: @rovercrc.

According to @CrypNuevo, current liquidation data reveals that liquidity is concentrated to the upside, particularly in the $119k-$120k cluster zone for BTC. The main liquidation levels are identified at $118.5k and $116.2k, suggesting these as key resistance points for traders. A price drop toward $110k would significantly increase delta liquidations and could trigger a strong short squeeze, potentially driving a rapid upward price movement. This information is crucial for traders seeking to capitalize on volatility and manage risk effectively in the current BTC market. Source: @CrypNuevo.

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 Cas Abbé, ETH short positions on the CME are being closed rapidly following a 50% price rally. Despite this liquidation, the level of short interest remains high, indicating that the upward momentum for ETH may not be finished. Abbé suggests that the current market setup could lead to a short squeeze similar to the historic GME event, which may further impact ETH price movements. This development is critical for traders monitoring ETH (Ethereum) as it signals continued volatility and potential upside due to forced short covering, as sourced from Cas Abbé.

According to Cas Abbé, Bitcoin (BTC) is currently seeing a rapid exit of long positions while short positions are increasing at a fast pace. This market dynamic is occurring as BTC's price moves sideways, in contrast to the stock market, which is reaching new highs. Cas Abbé suggests this divergence and the build-up of short positions could culminate in a "short squeeze," an event that would force short sellers to buy back BTC, potentially causing a sharp and sudden price increase.

According to @ai_9684xtpa, an on-chain analyst, a trader at address 0x670...af6e0 experienced a massive loss after their 3x short position on the PENGU token was liquidated, resulting in a $13.15 million loss. The on-chain data reveals that despite this significant setback, the trader has since opened a new, smaller 2x short position on PENGU valued at $520,000. This new position is already showing a floating loss of $100,000, highlighting the extreme volatility and high risks associated with shorting meme coins with leverage.

According to @ai_9684xtpa, a trader is facing a potential liquidation event on a massive PENGU short position on the Hyperliquid platform. The analysis, citing on-chain data from Hypurrscan, shows that on July 10th, wallet address 0x670...af6e0 opened a 3x leveraged short position on PENGU valued at $18.42 million, with an entry price of $0.01609. As of the report, the price of PENGU has surged to $0.03879, resulting in an unrealized loss of $10.74 million for the trader. This position, the largest PENGU contract on Hyperliquid, is dangerously close to its liquidation price of $0.04028, highlighting the extreme volatility and high risks associated with shorting trending tokens.

According to @lookonchain, a prominent trader known as AguilaTrades has closed significant short positions, realizing a substantial loss. The trader closed shorts on 6,832 ETH, valued at $25.15 million, and 1,134 BTC, valued at $134 million, resulting in a realized loss of $1.1 million. Despite this, AguilaTrades continues to hold a massive short position of 50,000 ETH, worth approximately $186 million. This remaining position is currently facing an unrealized loss of over $7 million, indicating a strong bearish bet against Ethereum's price that is currently unprofitable.

According to @lookonchain, the price of Ethereum (ETH) has broken above the key $3,300 resistance level. This sharp upward movement forced a whale, identified by the address 0x2258, to close all of their ETH short positions to avoid liquidation. The move resulted in the whale incurring a significant loss of $8.44 million in a single day, highlighting the high risk associated with shorting ETH in the current bullish market and signaling a potential reduction in selling pressure.

According to @lookonchain, a whale with the wallet address 0x9626 is on the verge of liquidation for a significant short position on Ethereum (ETH). The trader is using 25x leverage and currently holds a short position of 12,500 ETH, valued at $40.7 million, even after partially closing the position. The analysis indicates the position has an unrealized loss of over $2 million, with a critical liquidation price of $3,279.57. A move above this price could trigger a forced closure, potentially causing significant volatility and a short squeeze in the ETH market.

According to @lookonchain, a crypto whale identified by the address 0x2258 has accumulated over $3.5 million in unrealized losses after opening a high-leverage short position on Ethereum (ETH). The analysis reveals the position was taken with 18x leverage. A critical price level for traders to watch is $3,321.81; if the price of ETH surpasses this point, the whale's entire short position will be liquidated, potentially adding upward pressure to the market.

According to @MilkRoadDaily, a massive short squeeze event has fueled a rapid surge in the price of Bitcoin (BTC). Analysis of Binance data reveals approximately $2.5 billion in BTC short positions were liquidated, which created forced buying pressure as sellers had to repurchase Bitcoin to cover their loans. @MilkRoadDaily also highlights that this was not an isolated event, with billions more in short liquidations occurring on other major exchanges like ByBit, OKX, and Bitget, further amplifying the upward price momentum.

According to Milk Road, Ethereum (ETH) has experienced a significant upward price movement that resulted in the liquidation of short positions. This event, commonly known as a 'short squeeze,' indicates that traders betting against ETH's price were forced to close their positions due to the rapid rally, a market dynamic that can further amplify upward price momentum.

According to @lookonchain, a trader identified as James Wynn experienced a full liquidation of their Bitcoin (BTC) short position, leading to a loss of $27,921.63. The entire event unfolded in less than 12 hours, highlighting the significant risks and high volatility associated with shorting cryptocurrencies like Bitcoin, especially during sudden upward price movements.

According to @ai_9684xtpa, a prominent trader known for significant gains was liquidated after holding short positions on both Bitcoin (BTC) and Ethereum (ETH) for over two weeks. The forced liquidation resulted in a massive loss of $17.898 million. This single event erased 82% of the $21.675 million in profits the trader had accumulated through 15 leveraged trades since March 2, 2025, as cited by the source. Following the loss, the trader's remaining profit stands at $3.777 million, highlighting the extreme risks associated with high-leverage shorting in a volatile crypto market.

According to @MilkRoadDaily, the cryptocurrency market experienced a massive liquidation event where over $650 million in positions were wiped out within a single hour. This event strongly indicates a significant short squeeze, where a rapid price increase forced traders who were betting on price declines (bears) to close their positions, leading to substantial losses. For traders, this highlights extreme upward volatility and the significant risks associated with shorting the market during such conditions, emphasizing the need for stringent risk management.

According to @AltcoinGordon, traders are increasingly placing short bets on Bitcoin (BTC) even as it approaches its all-time high. Data from Coinalyze shows the long/short ratio has fallen to 0.858 in favor of shorts, while open interest has climbed to $35 billion, indicating significant new capital is betting against a breakout above the current $100,000 to $110,000 range. This build-up of short positions creates the potential for a powerful short squeeze if BTC breaks resistance. Meanwhile, the Solana-based memecoin BONK (BONK) is leading the altcoin rally, fueled by multiple bullish catalysts. These include its launchpad, LetsBONK.fun, using revenue to buy and burn BONK tokens, an anticipated 1 trillion token burn when it reaches 1 million holders, and the potential launch of a 2x leveraged BONK ETF by Tuttle Capital Management as early as July 16. Technical analysis identifies a key support level for BONK at $0.00001619 following significant trading volume.

According to @MI_Algos, traders are increasingly taking short positions on Bitcoin (BTC) even as it trades near record highs above $110,000. Data from Coinalyze cited in the report shows the long/short ratio has fallen from 1.223 to 0.858, indicating a shift to bearish sentiment. Concurrently, open interest has risen from $32 billion to $35 billion, suggesting new capital is funding these short positions. The analysis notes that Bitcoin has been consolidating in a range between $100,000 and $110,000, with technical indicators like the RSI showing bearish divergence on each test of resistance. While this points to traders capitalizing on the range, the build-up of short positions also creates the potential for a significant short squeeze if BTC breaks above its all-time high, which could trigger rapid upward price movement.

According to @KookCapitalLLC, Bitcoin (BTC) rallied past $110,000, driven by a significant $407.78 million inflow into U.S. spot Bitcoin ETFs, as reported by SoSoValue. This upward momentum lifted other major cryptocurrencies like Ether (ETH), Solana (SOL), and Cardano (ADA), with memecoins such as BONK and FARTCOIN experiencing over 20% gains, indicating heightened risk appetite. Despite the bullish price action, traders are increasingly positioning for a downturn. Data from Coinalyze shows the long/short ratio for Bitcoin dropped from 1.223 to 0.858, while open interest climbed from $32 billion to $35 billion, signaling that new capital is funding short positions. This bearish sentiment is supported by technical indicators like the Relative Strength Index (RSI) showing bearish divergence. However, this large accumulation of shorts creates the potential for a significant 'short squeeze' if BTC breaks its record high near $112,000, which could force short-sellers to buy back and propel the price even higher. FxPro analyst Alex Kuptsikevich noted that the upcoming U.S. employment report could act as a major catalyst or obstacle for the market.