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HomeBTCBitcoin’s Rally to $62,000 Triggers $26.65 Million Quick Squeeze in 4 Hours

Bitcoin’s Rally to $62,000 Triggers $26.65 Million Quick Squeeze in 4 Hours



After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, Could 3, in response to the earlier downturn. This uptick resulted within the liquidation of $26.65 million in bitcoin quick positions inside simply 4 hours, and roughly 48,962 merchants discovered their positions liquidated over the past day. […]



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