Bitcoin Shorts Hit $2.42B in Biggest Liquidation Since 2020
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 11 2025Massive Liquidation Event: On July 10, Bitcoin shorts worth $2.42 billion were liquidated as the cryptocurrency surged to a new all-time high of over $118,000, marking the largest liquidation since 2020.
Bullish Market Sentiment: The significant short squeeze indicates a shift towards bullish sentiment in the crypto market, with analysts predicting further upward trends as traders reassess their strategies following substantial losses.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
