Community Articles
via CoinDesk · By CoinDesk Staff
BTC news: Bitcoin's rebound triggers the most short liquidations since late April
BTC
BTC/USDT
$63,061.03
-0.02%
$63,061.03
-0.02%
(24s)24h Volume
$2,355,369,855.13
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0024%
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…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments