BTC Short Squeeze: $2.7B Liquidated as Bitcoin Eyes $69.5K
Bitcoin's 8% surge to $69,500 triggered a record $2.7 billion liquidation of bearish bets — the largest since 2021. The forced unwind, driven by short-covering, sets up a critical technical test at the $75,000 resistance zone.
Source: moneycontrol.com · straitstimes.com