Bitcoin’s rise past $110,000 has sparked widespread liquidations, with traders that hold short positions bearing the brunt of the losses. Data from Coinglass show a total of $404 million (₱22.5 billion) in liquidations over the past 24 hours. Key Details Total crypto liquidations in 24 hours: $404.46 million Short positions accounted for: $339.23 million Largest single liquidation: $3.28 million on Bybit (BTCUSDT) Total traders liquidated: 99,092 Bitcoin price: $110,164.48 (+3.63%) Exchanges Data Bybit led in liquidations with over $80 million, of which more than 98% were short positions. Other exchanges with significant liquidations included Gate, Binance, and HTX. Bybit: $80.28 …