$452M in Shorts Obliterated During Bitcoin's Break Above $80K
Bitcoin
Bitcoin's move above $80,000 triggered a sharp derivatives unwind, with CoinGlass data showing roughly $452 million in crypto short positions liquidated over 24 hours. The squeeze accompanied Bitcoin's breakout to a multi-month high above $81,000, putting leveraged bearish positioning directly in the path of the accelerating rally.
BTC
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