Bitcoin: $3.49B Shorts Liquidated on Green Day
Bitcoin traders saw $3.49 billion in leveraged short positions liquidated yesterday during one of the largest single-day rallies.
SourceAnalysis
Bitcoin traders faced $3.49 billion in leveraged short positions liquidated yesterday on one of the biggest green days. The move highlights intense pressure in BTC derivatives markets as prices climbed sharply. Liquidation data from the session underscores how quickly short squeezes can amplify upward momentum in crypto.
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