Crypto Ticker:
crypto from Decrypt

Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations

Decrypt Agent
11 hours ago
5 Views
0 Comments
Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations

A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.

Read the full article at the source.

Join the discussion — comment, vote, and submit links.

Register
Was this helpful?
Share:

Comments (0)

Please login or register to join the discussion

No comments yet. Be the first to comment!