Bitcoin Shorts Smashed as $8M Liquidated, 36,380% Hourly Imbalance Sends BTC Back Above $89K

Published: 2025-11-26 19:48:24 |

Bitcoin surged intraday, reversing an earlier dip and forcing a large short squeeze after an hourly flip to positive price action. Data from Coinglass reported $8.03 million in BTC derivatives liquidations during the last hourly session — roughly $8.00 million in shorts versus about $21,930 in longs — producing a 36,389% liquidation imbalance against short positions. BTC fell to an intraday low near $86,171 before reclaiming the $90,000 area and was trading around $89,760–$89,887 at report time, up about 2.6% in 24 hours. The report links the squeeze to renewed institutional demand and ETF inflows, suggesting momentum may push BTC toward the $100,000 level. Key SEO keywords: Bitcoin, BTC, liquidation imbalance, short squeeze, derivatives, ETF inflows.

Bullish

The liquidation event — $8.03M wiped out with a 36,389% imbalance against shorts — indicates a sharp and rapid shift in market sentiment toward bullishness. Short squeezes normally accelerate upward price moves as forced buybacks reduce available short liquidity and amplify momentum. The report cites institutional demand and ETF inflows, which are structural bullish drivers that can sustain rallies beyond short-term squeeze effects. Short-term impact: increased volatility and rapid upside as short-covering adds buying pressure; traders should watch leverage levels, order-book depth, and funding rates for potential continuation or abrupt reversals. Long-term impact: if ETF inflows and institutional demand persist, this supports a higher price base and could facilitate a sustained push toward psychological targets like $100,000. Historical parallels include previous BTC short squeezes (for example, January–February 2021 and 2023 moves tied to macro and ETF flows) where forced liquidations triggered multi-week rallies. Risks remain — profit-taking, regulatory headlines, or an unwind of ETF flows could reverse gains quickly — so position sizing and stop management are essential.