Crypto Rally Triggers $718M Short Liquidation Event

More than $718 million in short positions were wiped out across the crypto market in the past 24 hours. Marking the largest short liquidation event since October’s market crash, according to liquidation and derivatives data. The move coincided with sharp upside momentum in Bitcoin and Ethereum source: https://www.techgaged.com/crypto-rally-triggers-718m-short-liquidation-event/