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.
Why This Bitcoin News Matters
Bitcoin is the world's largest cryptocurrency by market cap. This development may directly affect BTC price, miner activity, and overall crypto market sentiment. Traders and long-term holders alike should stay informed.
This is for informational purposes only — not financial advice.
Always do your own research (DYOR) before making any investment decisions.
This is a summary. Read the complete story on the original source:
Read Full Article on CoinDesk