Bitcoin Rallies 26% Since Mid-August, With Short Liquidations and $2.23B ETF Inflows Supporting Rebound
According to Glassnode report released on August 27, Bitcoin has rallied 26% since mid-August lows, with record single-day short liquidations on August 19 serving as the primary trigger. The rebound has been supported by $2.23 billion in cumulative net inflows to U.S. spot Bitcoin ETFs over the
BTC2.23%
GateNews·8m ago
