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‘Bears in disbelief’ — $1B in crypto shorts wiped out as Bitcoin pumps

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Cointelegraph

‘Bears in disbelief’ — $1B in crypto shorts wiped out as Bitcoin pumps

Approximately 232,149 traders have been liquidated over the past 24 hours as the crypto market rallied to new highs.

Sector:
Halving Tokens
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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🚨HYPER has increased 6 times in two days, but the perpetual funding rate shows that it may change. ❤️‍🔥HYPER has exploded! It was just launched on Upbit yesterday, and the Korean won trading pair directly dominated the list, and the transaction volume crushed XRP by 5 times! It has skyrocketed nearly 6 times in two days. The Crypto market has not been so exciting for a long time! 📝Data tells you the truth: 🔴 Funding rate reveals mystery: On Binance perpetual contracts, the HYPER funding rate remained at -2% yesterday, and now it has risen to -0.96% (1-hour cycle). What does this mean? The power of short is weakening! 🔴History Lessons: Remember Palm Coin H? One week...
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