Undercurrent CapitalbetaSign in
1 / 1
✕
NewsDecrypt ·

Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations

A Glassnode and Bybit report found Bitcoin climbed 24.

▼ Bearish0 readers/hr

A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.