Bitcoin Short-Sellers Crushed as Price Hits New ATH
2025-07-11 08:56:28
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Description
Bitcoin short-sellers faced a brutal shakeout on Thursday as the world’s largest cryptocurrency surged to fresh all-time highs, triggering over $1 billion in liquidations within 24 hours. According to CoinGlass data , crypto markets saw $1.01 billion in short positions liquidated. This included around $570 million in Bitcoin shorts and nearly $207 million in Ether shorts, as Bitcoin hit $116,500 and Ether touched $2,990 on Thursday. The surge marks Bitcoin’s second consecutive day of setting new...
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