Bitcoin rises and liquidates $270 million shorts in 1 hour
- Posted on June 3, 2022
goodbye bear? Leading cryptocurrency surges by $270 million in short positions in an hour
The price rose by more than $4,000 in 24 hours.
happened
Then in Bitcoin Cryptocurrency: The digital asset traded at $44,900 in 4,900 minutes on the trading day from June 6 to 06:00 at 6:00 a.m. on March 47, to $4.
Goodbye bear.
— MICHAËL VAN DE POPPE (@CRYPTOMICHNL) August 1, 2021
“Goodbye bears,” tweeted popular market analyst Michaël van de Poppe after the bullish price action had a big impact on those shorting Bitcoin.
$270 million liquidated in one hour.
Say hi to UPTOBER
— LEX MOSKOVSKI (@MSKVSK) October 1, 2021
539 #BTC shorts were liquidated in 1 minute, sending #BITCOIN to 47K.
SQUEEEEEEEZED PIC.TWITTER.COM/UF2CZVNDCC
— Daniel Joe (@DANIELJOE916) October 1, 2021
Also Read: Bitcoin, Ethereum and Dogecoin End Higher in September
Short positions worth $270 million were liquidated within an hour, according to Bybt settlement data.
Large-cap altcoins are following Bitcoin’s moves. Ethereum
Cardano up 9%
Dogecoin up 7%
Advanced 8% and Solana Sun -0.20%
A 13.56% increase in 24 hours.
goodbye bear? Leading cryptocurrency surges by $270 million in short positions in an hour