Squeeze shorts! The course of Bitcoin has crossed a new history higher, by going beyond $ 110,000 This May 21, 2025. This new summit was reached after an increase of almost 4 % in the last 24 hours. This sudden increase led to a wave of massive liquidation for traders who had been downwards on the BTC. We take stock.
- Bitcoin has crossed a new historic summit by exceeding $ 110,000, causing a shock on the market.
- A wave of massive liquidations, caused by Squeeze shorts, has led to considerable losses for traders betting down.
Short positions on Bitcoin liquidated en masse
With the crossing of $ 110,000Bitcoin has reached a new historic summit. This increase led to a wave of liquidation, Especially for traders who had decreased on the BTC.
Thus, according to data from Quincemore than $ 100 million Short positions have been liquidated in the past 24 hours. Among these liquidations, Bitmex And Okex Recorded the largest losses, with $ 25 million respectively and $ 20 million in liquidated short positions.
These mass liquidations are the result of a « Squeeze shorts »a phenomenon where traders who bet down are forced to buy their emergency positions to limit their losses, which feeds the price increase even more.
Bitcoin: an increase supported by several factors
The rise in bitcoin can be attributed to several factors. First of all, of course, the pro crypto presidency of Donald Trump has strengthened the confidence of investors in cryptocurrency.
In addition, the appointment of Paul Atkins at the head of the DRY By Trump, a cryptocurrency defender, was also seen as good news for the market.
Finally, theincreasing adoption of cryptocurrencies by financial institutionswith the approval of several ETF Bitcoin Spot By the dry, also helped support the price of Bitcoin. ETFs, like the Ibit of BlackRock, garnered billions of dollars.
While some analysts provide for a continuation of the increase, others warn against a possible short -term correction. Be that as it may, Bitcoin continues to establish itself as a refuge value for many investors, despite global economic and geopolitical uncertainties. After all, what could be more beautiful for our community than a Bitcoin at $ 111,000 the day when Bitcoin Pizza Day is celebrated?