$110M Bitcoin Shorts Liquidated in One Hour as Price Spikes

- $110 million Bitcoin short positions liquidated within an hour - Increased volatility driven by economic uncertainty [Unblock Media] On June 10, 2025 (UTC), Watcher.Guru reported that more than $110 million in Bitcoin short positions were liquidated within a single hour—underscoring surging volatility in the digital asset market. According to real-time liquidation data from CoinGlass, the surge was triggered by a sudden spike in Bitcoin (BTC) prices. Many short traders, who had bet on price declines using leverage, were unable to meet margin requirements and were forcibly liquidated. Clara Melville, an analyst at Kaiko, explained, “Rapid liquidations in short Bitcoin positions can create a 'short squeeze.' As prices rise, traders in shorts must either post more collateral or close positions. Failing that, forced liquidations occur, accelerating bullish momentum.” While short squeezes are not uncommon in crypto, the scale of this liquidation—$110 million in just an hour—marks a significant event in Bitcoin’s trading history. Historical data suggests that such high-volume liquidations often coincide with temporary price surges or local tops. Though the price jump drove the liquidations, macroeconomic factors also played a key role. Analysts cite upcoming U.S. Consumer Price Index (CPI) data and central bank policy uncertainty as major contributors to current volatility. Binance Research noted in a recent report, “Crypto market volatility is increasingly linked not only to technical trading but also to traditional economic indicators like inflation data, interest rate expectations, and ETF inflows.” Kaiko’s Q1 2025 report observed that Bitcoin’s 24-hour volatility surpassed 6% during recent macro events—double the baseline average seen in early 2024. As volatility rises, market participants are growing more risk-averse. Analysts report that fear of sharp drops has led retail traders to reduce trading volumes and hold more cash. James Warren, a DeFi strategist, commented, “Large liquidation events signal extreme leverage and potential fragility. In such environments, retreat is natural—this is survival mode.” Binance Research also observed a 15–20% drop in spot market volume during the liquidation surge, indicating a wait-and-see stance from both institutional and retail participants. Bitcoin is currently trading above $72,500, having rebounded from last week’s mild correction. This liquidation event highlights Bitcoin’s high-risk, high-reward nature and the intricate interplay between crypto leverage and broader economic forces. Market players are now watching macro triggers closely as they brace for the next big move.