Bitcoin, Ethereum, XRP Surge as $400 Million in Shorts Get Liquidated
Market / Price
Bitcoin (CRYPTO: BTC) surged above $85,000 for the first time in nine months Monday, liquidating over $400 million in leveraged shorts. What Triggered the Rally The Kobeissi Letter posted on X Monday that the shorts got wiped out in just four hours, a classic squeeze accelerating an already strong move.
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