The crypto market surged sharply, triggering a wave of short liquidations, with the largest single liquidation reaching $120 million

Odaily News: According to Lookonchain monitoring, the sharp rise in the crypto market dealt a heavy blow to short sellers. The top three single short liquidations were: 0x8c96 liquidated of 1,829 BTC (worth $120 million), pension-usdt.eth liquidated of 49,808 ETH (worth $111.34 million), and 0x8eff liquidated of 1,343 BTC (worth $92.56 million).