Categories: Bitcoin

Bitcoin Rally to $118K Wipes out Over $1 Billion in Short Bets



Bitcoin’s recent surge resulted in significant liquidations, with more than $1.09 billion in short contracts wiped out within a 24-hour period. Bitcoin Rally Triggers Liquidations Bitcoin’s rally to a new all-time high of over $118,000 triggered a massive wave of liquidations, wiping out more than $1.11 billion in short contracts in a single 24-hour period […]



Source link

Joseph Rees

Leave a Comment
Share
Published by
Joseph Rees
2 months ago

Recent Posts

Canary Files for US-Focused Crypto ETF

Canary Capital has made another crypto-related filing with the U.S. Securities and Exchange Commission (SEC).…

10 minutes ago

Warning for Windows Users: Global UpCrypter Phishing Attack is Expanding

Hackers are using fake voicemails and purchase orders to spread UpCrypter malware, giving them remote…

24 minutes ago

Eclipse shakes up executive ranks amid layoffs and app-first pivot

Eclipse Labs is burning its ships. Just weeks after its token launch, the L2 developer…

1 hour ago

Numeraire price jumps 40% as JPMorgan commits $500m to Numerai

Numeraire price is up 40% to near $12.40 after JPMorgan secured $500 million capacity in…

1 hour ago

Dead teen’s family files wrongful death suit against OpenAI, a first

The New York Times reported today on the death by suicide of California teenager Adam…

1 hour ago

Bitcoin and Ether ETFs Roar Back With $663 Million in Combined Inflows

Crypto exchange-traded funds (ETFs) snapped back to life on Monday, with ether ETFs attracting $444…

1 hour ago