Bitcoin Short Squeeze Wipes Out Record $2.7B as BTC Nears $70K
Bitcoin
Bitcoins surge toward $70,000 triggered nearly $2.7 billion in short liquidations within 24 hours, marking the largest forced closure of bearish crypto positions in CoinGlass records dating back to 2021. Total crypto liquidations approached $3 billion across 172,108 traders.
BTC
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