$BTC single liquidation: a short position worth $1.12 million, near 77859.73.
Short positions were liquidated en masse here, indicating this was originally a cluster of leveraged shorts. Forced buying by short sellers can easily push the price higher, but whether the move continues depends on spot buying demand.
Short positions were liquidated en masse here, indicating this was originally a cluster of leveraged shorts. Forced buying by short sellers can easily push the price higher, but whether the move continues depends on spot buying demand.