Potential Melt-up Scenario in Play as Bitcoin Shorts Worth $19 Billion Build Up
It's been a rather interest week for Bitcoin, considering the record liquidation levels that occurred on Friday. Roughly $19 billion worth of Bitcoin leveraged positions were liquidated as price crashed. Bitcoin price appeared to have cooled down after the massive liquidation events. However, market data revealed that roughly $19 billion worth of shorts were executed [...]The post Potential Melt-up Scenario in Play as Bitcoin Shorts Worth $19 Billion Build Up appeared first on The Coin Republic.