The post Bitcoin Short Liquidation Hits $2.74B as BTC Price Surges Above $69,000 appeared first on Coinpedia Fintech News
Bitcoin jumped above $69,000, returning to levels last seen around its 2021 peak, as a sharp price move forced billions of dollars in short positions out of the market. More than $2.74 billion in short positions were liquidated in 24 hours, making it the eighth- argest liquidation event in crypto history. Bitcoin Rally Triggers $2.74B …