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Record $1 Billion In Shorts Risk Liquidation If Bitcoin Hits This Price
  • 2 years ago
  • Source NewsBtc

Record $1 Billion In Shorts Risk Liquidation If Bitcoin Hits This Price

Summary

Bitcoin price hit a new all-time high above $71,000, risking over $1 billion in short positions liquidation. The debate on its future direction continues, with some analysts predicting a potential rise to $80,000. Traders lost over $333 million in one day, with the majority of liquidations being long positions.

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