$5.6 billion in BTC shorts: Traders are betting that Bitcoin will go down.



If BTC hits $125,000, those shorts could get liquidated (forced to buy back at higher prices).

This triggers a short squeeze – rapid price surge as shorts rush to cover their positions.#CandyDrop Airdrop Event 6.0
#White House Crypto Report
BTC1,06%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin