Crypto Shorts Lose $110M In Ten Minutes As Sudden Rally Forces Traders Out

3 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$110M

short liquidations

$BTC

$86,335

+2.8%

Roughly $110 million in bearish crypto positions were liquidated during a rapid ten-minute rally on October 2. The move was concentrated on short positions, creating the mechanics of a classic short squeeze. No single verified news…