Bitcoin Retests $82,000 as $20 Million in Short Positions Are Liquidated
Bitcoin retested $82,000, triggering $20 million in liquidations of leveraged short positions.
Bitcoin retested $82,000, and the move cost leveraged short sellers $20 million in liquidations.A short is a bet that price will fall. Add leverage, and that bet is made with borrowed money that an exchange can pull the moment the trade moves against you.When Bitcoin pushed back toward $82,000, som…