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via CoinDesk · By CoinDesk Staff
BTC news: Bitcoin's rebound triggers the most short liquidations since late April
BTC
BTC/USDT
$62,675.43
+0.10%
$62,675.43
+0.10%
(24s)24h Volume
$11,256,674,850.25
24h H/L
$63,999.00 / $62,536.57
Change: $1,462.43 (2.34%)
Long/Short
62.7%
Long: 62.7%Short: 37.3%
Funding Rate
+0.0028%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(05:53 AM UTC)
1 min read
812 views
0 commentsTraders betting against bitcoin lost $504 million over 24 hours as it bounced from below $60,000, though a fresh Iran-Israel flare-up pulled prices back on Monday.
Bitcoin's recovery from last week's lows has crushed the traders who bet against it.
Short sellers, who profit when prices fall, lost $504 million over the 24 hours to Monday morning, the most in a single day since late April, according…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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