Over 173,000 crypto traders were liquidated in 24 hours, with $2.98 billion wiped out. Short sellers lost $2.74 billion in a massive squeeze

Over $2.16 billion in crypto short positions were liquidated in 24 hours as Bitcoin rallied past 5%, triggering one of the largest short squeezes

Around 174,350 traders were liquidated for $2.98 billion in the eighth-largest crypto liquidation event ever recorded, with Bitcoin and Ethereum