On-Chain Data

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Bitcoin Tops $80k on Short Squeeze, Triggers $370M Liquidations

Bitcoin rose above US$80,000 on May 4, driven by a short squeeze in crypto derivatives, according to CoinDesk. The rally triggered approximately US$370 million in liquidations over 24 hours, including roughly US$301.9 million from short positions, according to CoinGlass, a crypto market data provide
BTC0,83%
XRP-0,49%
BNB0,28%
SOL-0,64%
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