Bitcoin Surges to $79,500 with $3.1B Short Squeeze in 5 Days
According to Forbes, on August 23, Bitcoin rallied from $62,900 to $79,500 in five days, representing a 26% gain driven by a $3.1 billion short liquidation event. Trader MARMOT noted this represents one of the largest squeeze events he has observed, with retail investors increasingly entering the
BTC-1.53%
GateNews·10m ago
