Bitcoin’s spike above k wipes out shorts, 2M liquidated across the market

Bitcoin’s spike above $93k wipes out shorts, $652M liquidated across the market

Bitcoin’s latest liquidation sweep erased $652.84 million across crypto on April 23, wiping out 172,948 traders. Bitcoin alone contributed $321.70 million, or roughly 50% of the total. Exchange dashboards show shorts carried almost the entire weight: on Bybit, HTX, Gate.io, and CoinEx, more than 95% of BTC positions liquidated were shorts, and across the market, […]

Bitcoin’s spike above $93k wipes out shorts, $652M liquidated across the market Read More »