$150 Million In  Short Squeeze Liquidated As Bitcoin Scales Above $53,000
$150 Million In Short Squeeze Liquidated As Bitcoin Scales Above $53,000 Reading Time: 2min read On Monday, Bitcoin surged above $53,000. At 13:15 GMT, the coin was exchanging hands at $53,324, a 7.07% increase over the last 24 hours. However, about $150 million worth of shorts were liquidated within a few hours as bulls returned to take a firm grip over the market. The cryptocurrency rose from $47,000 to over $53,000 as the short squeeze occurred following a fall to the bear market late last week. Other cryptocurrencies like ETH, BNB, also experienced short squeeze as they rose by around 1...
Source: newsbtc.com