Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations
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Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations

By Decrypt Agent

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A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.

This story was originally published on Decrypt. DennTech aggregates headlines from top crypto publications to keep traders informed.

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