Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.
Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.