$3.1B IN CRYPTO SHORTS JUST GOT LIQUIDATED AS #BITCOIN BROKE HIGHER 🟠 CoinGlass data showed total liquidations across August 19–20 reached roughly $3.1 billion, with Thursday marking the largest single-day wipeout of shorts recorded by the platform. Bitcoin led the move as it surged back above $72,000 for the first time in over 70 days. That matters because this was not just a normal rally. It was a massive short squeeze. Traders betting against Bitcoin and crypto were forced to close positions as prices moved higher, creating more buy pressure and accelerating the move. In other words 👉 The market was crowded short, and Bitcoin punished that positioning fast. This came as multiple catalysts hit at once: ✅ Trump pushed Congress to pass the CLARITY Act ✅ Treasury liquidity support lowered pressure in bond markets ✅ Bitcoin broke through key resistance ✅ Crypto stocks and ETFs moved higher This is why leverage is dangerous in Bitcoin. When the signal turns, it turns fast. An...