<ul data-eligibleForWebStory="false"><li>Bitcoin surged to a new all-time high above $116,400 driven by ETF inflows and bullish corporate moves.</li><li>Short sellers experienced significant losses with nearly $600 million in BTC shorts liquidated in 24 hours.</li><li>One trader lost $88 million on a BTC short position, emphasizing the risks of over-leveraging in the market.</li><li>Total crypto liquidations reached $912 million as Bitcoin's bullish momentum continues, punishing over-leveraged bears.</li></ul>

Bitcoin Blasts Through $116K High as Short Sellers Take a $570M Beating

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