Total crypto liquidations hit $138.23M with 71% from shorts. Bitcoin rose to $69,460 (4-month high), Ethereum gained 3.1% to $2,730. Trading volumes surged sharply.
MicroStrategy bought another 1,031 BTC for $76.6M, bringing its total to 762,099 BTC. Trump postponed attacks on Iran, causing BTC to jump from $68.5K to $71.5K, liquidating $270M in shorts. Standard Chartered maintains $150K year-end target.
BTC perpetual shorts were squeezed by 67 straight days of negative funding, culminating in about $590 million in liquidations near the European market open on May 18.
Bitcoin bounced 15% from near $60,000 to above $71,000 on Feb. 6, restoring a market cap above $1.4 trillion. VanEck's Matthew Sigel said RSI below 21 put the market in an extreme oversold zone.
BEAT Rally token surged 7,855% from $0.13 to $10.29 in four months, triggering over $8.5 million in short liquidations. It later dropped 4.6% to $8.14. Project weekly revenue hit $2.87M with 12.35M BEAT burned. Market cap stands at $2.34B, with $8 as the key support level.
XRP led the crypto rebound with a 9.42% gain, as ETF inflows hit $46.1 million and over $250 million in shorts were liquidated. Technical breakout and institutional demand drove the rally, with volume surging 125%.
Crypto market cap recovers to $2.52T after $250M shorts liquidated. BTC hit 73K before settling at 72K; ETF inflows rebounded. Geopolitical tensions and sticky inflation remain risks.
Despite ETH dipping to $2,000, whales have been aggressively accumulating since May 2025, with inflows to accumulation addresses reaching new all-time highs. Exchange long/short ratios stand at 1.78 on Binance, as shorts face $74.9M in liquidations over 24 hours.
