Key Takeaways:
$150 million in crypto shorts were liquidated in 60 minutes as bitcoin crossed $80,039. Binance futures showed a 62.8% short ratio before the breakout, one of the most lopsided setups in months. Sustained ETF inflows and institutional absorption make a pullback below $80K structurally harder to sustain. A Market Built for Pain Why the Squeeze Has More Room to RunThe $150 million liquidated in the first hour represents only a fraction of the total short exposure still on the table. With 62.8% of Binance open positions still short after the initial flush, a sustained close above $80,000 mechanically forces additional buybacks, each of which adds upward price pressure.
