Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts
Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a cascade of forced short liquidations turned weeks of quiet trading into a sudden run toward $70,000. The…
Hyperliquid Whale Faces $20.3M Wipeout as Bitcoin Nears $82,236 Liquidation Price
A trader deposited roughly 500,000 USDC into the decentralized perpetuals platform Hyperliquid early Wednesday and leveraged it 40 times, opening a $20.32 million bitcoin short with a liquidation threshold sitting…
Bitcoin Traders Crowd the Short Side as BTC Defends $68K
On Monday, bitcoin is coasting along at $68,494 per unit as short sellers pile in at levels not seen since August 2024, setting up a high-stakes standoff in the derivatives…
Bitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb
At 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase.…
Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance
Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC) climbed to an intraday peak of $67,991 per unit. This increase led…
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Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations
Amid Friday’s downturn, following bitcoin’s decline to $68,450, the latest Commitments of Traders (COT) report from the Commodity Futures Trading Commission (CFTC) indicates that hedge funds are placing substantial bets…