Nearly $900 million in crypto shorts were squeezed in a single day as bitcoin surged into the $40,000 region

$883 million worth of crypto short positions were liquidated in a 24-hour span amid bitcoin’s rally towards $40,000. Data from compiled by The Block notes that short positions on bitcoin accounted for 81% of the squeeze, with $720 million liquidated. Most of the crypto short liquidations …

Read more

Show More

Related Articles

Back to top button