Crypto Bears Burned as Short Liquidations Hit $1.06 Billion in a Day

AI Summary Bearish crypto traders absorbed $1.06 billion in short liquidations over 24 hours as the total crypto market capitalization rose 3.7%.  Liquidations across the market reached $1.24 billion. The wipeout caught 141,191 traders, while long positions gave up only $174.41 million.  Bitcoin Drove the Bulk of Short Liquidations Bitcoin (BTC) alone drove $789.68 million of the The post Crypto Bears Burned as Short Liquidations Hit $1.06 Billion in a Day appeared first on BeInCrypto . fulltext: 490 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/short-liquidations-bitcoin-rally-bears-retreat/ Source: BeInCrypto