$371M In Crypto Shorts Sacrificed As Bitcoin Sets New ATH

Data shows the cryptocurrency derivatives market has suffered a large amount of liquidations following Bitcoin’s rally to its new all-time high (ATH).

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Bitcoin Shorts Surge On Binance – Bear Trap Or Downside Risk? | Bitcoinist.com

After reaching new local highs recently, Bitcoin is at a turning point, pushing the market into a cautious yet optimistic mood. Despite the surge, analysts and investors remain wary, as BTC has repeatedly dropped from these levels since March, leading to concerns about another potential decline.

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