Over the past four hours, Bitcoin’s price experienced an unprecedented surge and subsequent crash. Trading volumes witnessed a massive 13,520% long-to-short liquidation imbalance, resulting in a staggering $9.62 million in longs being wiped out compared to just $71,000 in shorts. This seismic shift triggered a total market liquidation of $35.35 million within the same timeframe, with 83.6% of this damage coming from long positions. The impact was most significant for Bitcoin itself ($9.7 million) followed by Ethereum and Solana, respectively, as losses amounted to $8.2 million and $2.45 million. This extreme imbalance signifies a concerning market vulnerability heading into the weekend.