Shorts wrecked from $539M worth of liquidations as Bitcoin reaches new ATH

In the past 24 hours, the crypto derivatives market saw $539 million in liquidations, with an overwhelming $469. 87 million of that coming from short positions. This wipeout came as Bitcoin reached a new ATH of $111,936 on Binance, before settling slightly lower at $111,230, a 2. 33% increase from the day’s opening at $108,693 source: https://cryptoslate.com/insights/shorts-wrecked-from-539m-worth-of-liquidations-as-bitcoin-reaches-new-ath/