Bitcoin experienced a significant surge in liquidations, totaling approximately $93.14 million in the past four hours, as its price briefly climbed to $72,300. According to CoinGlass monitoring, 81.4% of these liquidations were short positions, with 60% occurring on the Hyperliquid platform. A notable event involved a whale with the address starting with 0x5dc, who saw 201 BTC short positions liquidated, amounting to $14.49 million. The largest single liquidation on Hyperliquid reached $11.63 million, and another substantial liquidation of over $18 million was also reported.
BTC Liquidations Surge to $93.14M Amid Price Spike to $72,300
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