Bitcoin’s Rally to $40,000 Triggers Over $1,000,000,000 in Liquidations

Tens of thousands of crypto traders had their positions liquidated as Bitcoin abruptly rallied to above $40,000. Data from the cryptocurrency futures trading and information platform Bybt reveals that on July 26th, $964.23 million worth of short positions across all crypto assets were liquidated as Bitcoin ignited a strong rally from around $35,000 to above […] The post Bitcoin’s Rally to $40,000 Triggers Over $1,000,000,000 in Liquidations appeared first on The Daily Hodl.