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$452M in Shorts Obliterated During Bitcoin’s Break Above $80K

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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 $…

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Crypto Economy 1h ago

$452M in Shorts Obliterated During Bitcoin’s Break Above $80K

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 $…