Bitcoin Shorts Face $1.4B Liquidation Risk Near $80,000

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CoinGlass data shows about $1.4 billion in leveraged Bitcoin short positions clustered near $80,000 after BTC held above $76,000 for the past week. Strategy bought $255 million in BTC between April 20 and April 26, adding to the spot demand the article says has supported prices.

BTC-2.59%
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