After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their positions liquidated over the last day. […]
Source: https://news.bitcoin.com/bitcoins-rally-to-62000-triggers-26-65-million-short-squeeze-in-4-hours/
Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
