Bitcoin short liquidations top $7.9B since February as BTC holds above $80K

Bitcoin has seen more than $7.9 billion in forced short liquidations since early February, while traders kept adding bearish positions above $80,000. Axel Adler Jr. said the latest spike reached $175 million on May 4, and BTC is holding near the $80,000-$81,500 breakout zone.

BTC1.1%
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