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Bitcoin's Move to $81,000 Triggered $380 Million in Short Liquidations

More than 115,000 traders were affected over a daily period.

By Enna Lee
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Mentioned assets
A gold coin sits above snapped black steel links on a stone ledge / TokenPost.ai
A gold coin sits above snapped black steel links on a stone ledge / TokenPost.ai

Bitcoin (BTC) reached $81,000 as short positions worth $380 million were liquidated in one hour. More than 115,000 traders were affected over a daily period.

The hourly figure measures the value of short positions liquidated, while the daily figure counts traders. The two numbers cover different time windows and measures.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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