Behind the Green: Crying for the Red
Derivatives markets ended 6 consecutive weeks of excessive negativity in just 24 hours. In recent days, the largest acceleration in liquidations of crypto short positions since November 2021 was seen. Short-selling deals worth more than $3 billion evaporated, placing them eighth among the biggest liquidations in the history of digital assets.
Bitcoin’s price jumped from its daily low near $64,100, breaking through the $72,000 barrier, while Ethereum surged by nearly 18% in a single day—its strongest daily performance since March 2024. This sudden shift wiped out accumulated short positions and completely changed the investment landscape.
$BTC
Derivatives markets ended 6 consecutive weeks of excessive negativity in just 24 hours. In recent days, the largest acceleration in liquidations of crypto short positions since November 2021 was seen. Short-selling deals worth more than $3 billion evaporated, placing them eighth among the biggest liquidations in the history of digital assets.
Bitcoin’s price jumped from its daily low near $64,100, breaking through the $72,000 barrier, while Ethereum surged by nearly 18% in a single day—its strongest daily performance since March 2024. This sudden shift wiped out accumulated short positions and completely changed the investment landscape.
$BTC