$460 Million in Crypto Liquidations as Bitcoin, Ethereum Rebound Triggers Short Squeeze

Share

Roughly $460.9 million in leveraged crypto positions were liquidated over the past 24 hours, as a modest rebound in majors led to a wave of forced closures—particularly among traders positioned for downside. Data aggregated from CoinGlass showed liquidations skewed toward shorts, pointing to a market that caught bearish positioning offside during the latest upswing in Bitcoin (BTC) and Ethereum (ETH).

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles