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Gate ELSA Futures Trading Challenge is Now Live!
Share a 200,000 USDT Prize Pool
💰 Get 20 USDT for your first futures trade
🏆 Trade to share 160,000 USDT！
join now: https://www.gate.com/campaigns/3911
Announcement link: https://www.gate.com/announcements/article/49432
#ELSA #FuturesTrading #GateStrike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
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Your ideas may be more valuable than you think!
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Details: https://www.gate.com/announcements/article/47889
🚨 $60M Short Liquidated Amid Market Spike
According to BlockBeats News (Jan 24) and EmberCN monitoring, crypto market volatility struck again:
At around 1:00 a.m., Bitcoin briefly surged above $91,000 and Ethereum climbed past $3,000, triggering the liquidation of a massive short position held by “Rolling Trader 0xD83…Fd7”.
🔻 Key Details:
• Liquidation size: ~$60 million
• Total short position reduced from $300M → $238M
• Unrealized gains fell from $24M (2 days ago) to ~$4M
⚠️ This move once again highlights how high leverage + sudden volatility can quickly wipe out even large positions.
💬 Was this a short squeeze or just the start of bigger moves?
#Bitcoin #Ethereum #CryptoLiquidation #CryptoNews #MarketVolatility