Haha the bears got wrecked today in a big half billion dollar short squeeze that helped push bitcoin to new ATHs.
It seems pretty stupid to me to still be trying to short it after the biggest players on Wall Street
have turned hugely bullish on bitcoin since the last halving event and the ETFs were introduced early last year.

Why are so many still trying to short it when inflows are still very high from the ETFs, independent companies
and even entire states like Texas continue to buy in record amounts? But as bitcoiners I think we should welcome these shorts
because we know what happens to them in the end. They all end up as open market spot buyers of BTC as they are forced
to cover their losing positions, and we get to laugh at them.




‘Bears in disbelief’ — $1B in crypto shorts wiped as Bitcoin pumps

Bitcoin short-sellers were pummeled on Thursday as the cryptocurrency surged to new all-time highs,
resulting in more than $1 billion in short positions liquidated in 24 hours.

CoinGlass data shows that $1.01 billion in crypto short positions were liquidated, impacting 232,149 traders.
This included approximately $570 million in Bitcoin shorts.