{"id":36299,"date":"2025-07-10T22:01:46","date_gmt":"2025-07-10T22:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36299"},"modified":"2025-07-10T22:01:46","modified_gmt":"2025-07-10T22:01:46","slug":"bitcoin-price-tops-116000-massive-short-squueze-approaches-1-billion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36299","title":{"rendered":"Bitcoin Price Tops $116,000, Massive Short Squueze Approaches $1 Billion"},"content":{"rendered":"
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Bitcoin\u2019s price is expanding to the upside and has charted a new all-time high at around $116,400.<\/p>\n

With this latest move, BTC is up 4.6% in the past 24 hours and more than 5.5% over the past seven days with a massive $50 billion daily trading volume.<\/p>\n

\"BTCUSD_2025-07-11_00-50-02\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

The move comes at the expense of short traders, who lost a combined total of around $940 million in the past day, according to data from Coinglass. This has caused a massive short squeeze, which is a common term used to describe a situation where short traders get liquidated and, as they do, this pushes the price upwards even further.<\/p>\n

At the time of this writing, the total liquidations are at about $1 billion and 94% of that accounts for sellers, which is pretty indicative of the absolute domination by the buyers.<\/p>\n

The rest of the market is also charting considerable gains \u2013 ETH is approaching $3,000, XRP is trading close to $2.6, while the total cryptocurrency market capitalization is almost $3.7 trillion.<\/p>\n

\u00a0<\/p>\n

The post Bitcoin Price Tops $116,000, Massive Short Squueze Approaches $1 Billion<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price is expanding to the upside and has charted a new all-time high at around $116,400. With this latest move, BTC is up 4.6% in the past 24 hours and more than 5.5% over the past seven days with a massive $50 billion daily trading volume. Source: TradingView The move comes at the expense […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36299","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36299"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36299\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}