<ul><li>Bitcoin surged to $110K, marking a significant uptick in the crypto market after recent losses.</li><li>Expectations of a positive outcome in the US-China trade talks boosted financial markets, including cryptocurrencies and stocks.</li><li>Short sellers suffered substantial losses as nearly 100,000 positions were liquidated, totaling around $400 million in the crypto sector.</li><li>The largest individual liquidation amount of $3.28 million occurred on Bybit during the second-largest short squeeze event of the year.</li></ul>

Nearly 100K Traders Liquidated as Bitcoin hits $110K—Second-Highest Short Wipeout of 2025.

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