Crypto Market Rebound Wipes Out Nearly $500 Million in Short Positions

The crypto market capitalization has moved higher over the past day, with broad gains across major coins reflecting improving investor sentiment. At the same time, the rebound has squeezed bearish positions, with over $468. 5 million in short liquidations recorded during the 24-hour window. Crypto Liquidation Wave Hits Short Sellers According to BeInCrypto Markets data, total market capitalization has increased by 4 source: https://beincrypto.com/crypto-short-liquidations-market-rebound/