CryptoCoinDeskabout 2 hours ago
Bitcoin short squeeze as futures open interest collapses
1 min read
Bitcoin futures open interest collapsed as a historic short squeeze forced traders to cover positions. The squeeze drove prices sharply higher, with liquidations cascading across leveraged markets. The event marked one of the most violent short squeezes in bitcoin's trading history.
Level
Hype check
Tap to vote and see what everyone thinks.
