The enhanced volatility in the cryptocurrency markets has returned in full force at the start of December, but in the right direction now.<\/p>\n
After yesterday\u2019s crash to under $84,000, the market leader went on a tear and surged past $91,000 minutes ago. The analysts from the Kobeissi Letter said the asset is on its way to paint its biggest daily increase since May this year.<\/p>\n
They doubled down on their belief<\/a> that these price swings are mechanical and have nothing to do with the industry\u2019s fundamentals, which remain solid.<\/p>\n BREAKING: Bitcoin is on track for its biggest daily gain since May 2025, nearing $91,000, as levered short liquidations surge.<\/p>\n In the last 60 minutes alone, ~$140 million of shorts have been liquidated compared to just ~$3 million of longs.<\/p>\n Recent swings in crypto are ENTIRELY\u2026 https:\/\/t.co\/cIDnDkvV6B<\/a> pic.twitter.com\/ElxAw4BUiw<\/a><\/p>\n \u2014 The Kobeissi Letter (@KobeissiLetter) December 2, 2025<\/a><\/p>\n\n Given the fact that the entire market plunged<\/a> hard this time yesterday, the 24-hour charts are quite impressive now. Aside from BTC\u2019s 7% surge, ETH has posted a 9% pump that has pushed it to $3,000. XRP has added over 7% of value, while SOL has skyrocketed by 12%. ADA is the top performer from the larger-cap alts, having surged by 15% to $0.43.<\/p>\n Naturally, these fluctuations have harmed over-leveraged traders. The total value of wrecked positions has risen to nearly $380 million, according to CoinGlass. This time, though, shorts are responsible for the lion\u2019s share with more than $300 million.<\/p>\n Bitcoin shorts equal over half of the entire amount, followed by $91 million from ETH shorts. The single-largest liquidated position took place on Bybit and was worth $13 million.<\/p>\n <\/a>Liquidation Data on CoinGlass<\/p>\n Analysts remain bullish<\/a> on BTC as long as it stays above key support zones, including $83,000, which was tested yesterday. Moreover, bitcoin\u2019s rally could resume if the asset overcomes the next critical resistance at $91,800, which is just inches above.<\/p>\n The post Over $300M in Shorts Liquidated as Bitcoin Surges Past $91K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The enhanced volatility in the cryptocurrency markets has returned in full force at the start of December, but in the right direction now. After yesterday\u2019s crash to under $84,000, the market leader went on a tear and surged past $91,000 minutes ago. The analysts from the Kobeissi Letter said the asset is on its way […]<\/p>\n","protected":false},"author":0,"featured_media":117323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117322"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117322"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117323"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>Liquidation Data on CoinGlass<\/p>\nAnalysts remain bullish<\/a> on BTC as long as it stays above key support zones, including $83,000, which was tested yesterday. Moreover, bitcoin\u2019s rally could resume if the asset overcomes the next critical resistance at $91,800, which is just inches above.<\/p>\nThe post Over $300M in Shorts Liquidated as Bitcoin Surges Past $91K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The enhanced volatility in the cryptocurrency markets has returned in full force at the start of December, but in the right direction now. After yesterday\u2019s crash to under $84,000, the market leader went on a tear and surged past $91,000 minutes ago. The analysts from the Kobeissi Letter said the asset is on its way […]<\/p>\n","protected":false},"author":0,"featured_media":117323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117322"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117322"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117323"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Liquidation-Data-on-CoinGlass.png\"){kind=link}