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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

$79,622.01

-1.53%

$79,622.01

-1.53%

(24s)

24h Volume

$17,454,696,812.32

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

CoinDesk Staff

(05:53 AM UTC)

1 min read

Updated bySarah Chen

0 comments

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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Source

CoinDesk Staff · CoinDesk

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