World · Market · United States ·
Short liquidations exceed $3.8B as Bitcoin rallies past $75K
Over two days, bearish traders lost approximately $3.8 billion in liquidations, the largest two-day short squeeze since at least 2021. The move followed US Treasury expansion of bond buyback operations, which improved market liquidity.
Why it matters for the crypto market
Record short liquidations amplify upward momentum and indicate a major shift in market positioning from bearish to bullish sentiment.
Source: CoinDesk
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