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Coin Edition 2023-11-09 13:19:00

Bitcoin Short Sellers Feel the Squeeze as BTC Nears 2022 Highs of $37k

Bitcoin’s price has soared past the $36,000 threshold, marking the first time since May 2022 that the leading cryptocurrency has reached this level. This uptick has led to “a short squeeze” under a four-hour timeframe, resulting in nearly $50 million of liquidations. In a recent tweet, the prominent derivative market tracker CoinGlass captured the short The post Bitcoin Short Sellers Feel the Squeeze as BTC Nears 2022 Highs of $37k appeared first on Coin Edition .

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