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BTC news: Bitcoin's rebound triggers the most short liquidations since late April
BTC
BTC/USDT
$84,076.65
-0.06%
$84,076.65
-0.06%
(24s)24h Volume
$15,302,291,333.01
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate
+0.0009%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(05:53 AM UTC)
1 min read
Traders 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…
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