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short liquidation
Crypto Traders Suffer Over $100M of Short Liquidations as Bitcoin Hits 3-Month High Over $31K
BTC surged past $31,000 and other cryptocurrency prices soared sharply Monday, too, taking many leveraged traders by surprise.
Short Traders Suffer $200M in Losses as Ether, Cardano Lead Crypto Majors' Gains
Crypto market capitalization has increased about 3.5% in the past 24 hours.
Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering
Altcoins such as solana and lido have gained more than 20% as investors betting on a decline have covered their positions, a report from the brokerage firm said.
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Bitcoin Posts Biggest Daily Gain in 6 Months
Bitcoin (BTC) posts its biggest daily gain in six months as traditional market investors shrug off U.S. Federal Reserve Chair Jerome Powell’s pro-liquidity tightening stance. The rapid price movement triggered over $103 million worth of BTC short liquidations on crypto exchanges Thursday due to margin calls, according to CoinGlass data.
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