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Shorts got rekt pretty hard.
In the past 48 hours:
• $BTC has reclaimed the $62,000 level
• $ETH is trading back above $1,700
• More than $140M in short positions were liquidated in just 60 minutes
• Approximately $135B has flowed back into the crypto market
The move isn't just about price appreciation.
It's also being driven by positioning, with bearish bets getting squeezed as momentum returns.
A strong reminder of how quickly sentiment can change in crypto.
#GateStocksTransferLive
#CirclePlunges17%
#GateCardPointsSystemLaunched