Over $248 million in crypto positions were liquidated in an hour, with $183.28 million in shorts and $65.52 million in longs. The odds of Bitcoin reaching $100,000 by December 31, 2026, now sit at 34.0% YES, up from 30% a week ago.

The market shows a significant imbalance in leveraged trading, with shorts outpacing longs. This often signals bearish sentiment. The recent liquidation event raises doubts about Bitcoin’s ability to hit $100,000 by year-end. Odds for Bitcoin reaching $150,000 remain at 9.0% YES, unchanged over the past week.

The largest price move in the last 24 hours was a 4-point spike at 11:15 PM, driven by $2,258 in USDC traded. With $4,608 needed to move the $100,000 market 5 percentage…