Short Sellers Lose $440 Million as Bitcoin Climbs Toward $75,000
Market / Price
Bitcoin (BTC) gained 5. 7% over the past 24 hours, climbing to $74,679 and triggering $540 million in crypto liquidations across the derivatives market. The rally caught short sellers off guard, with 169,525 traders liquidated in the period, according to CoinGlass data. Short Sellers Bear the Brunt Short positions accounted for $440 million of the total losses, roughly 81% of all liquidations
BTC
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