The short positions got crushed pretty badly, but they rebounded once geopolitical tensions eased. The speed of this narrative shift for BTC is really fast.

BTC1.04%
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CoinNetwork
CoinJie.com news: Following Trump’s announcement that the blockade of the Strait of Hormuz has been lifted, the price of Bitcoin has rebounded to above $74,000. Over the past 24 hours, approximately $145 million worth of short positions have been liquidated.
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