FLASH: That insane Bitcoin run wasn't what it seemed.
A new report reveals how the market actually moved:
⚡ $BTC spiked 24.6% in just five days back in August.
⚡ Glassnode data shows active leverage actually dropped.
⚡ Shorts fueled 89% of every liquidated dollar.
Basically, the bears funded the entire pump. It was a massive short squeeze rather than pure organic spot demand. Watch those leverage levels closely, friends.
#Bitcoin #ShortSqueeze #CryptoNews #Write2Earn
A new report reveals how the market actually moved:
⚡ $BTC spiked 24.6% in just five days back in August.
⚡ Glassnode data shows active leverage actually dropped.
⚡ Shorts fueled 89% of every liquidated dollar.
Basically, the bears funded the entire pump. It was a massive short squeeze rather than pure organic spot demand. Watch those leverage levels closely, friends.
#Bitcoin #ShortSqueeze #CryptoNews #Write2Earn
