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$95M of Shorts Liquidated as Bitcoin, Ether Rise 8%

Short trades accounted for an overwhelming majority of all liquidation losses in the past 12 hours.

A bounce in crypto prices led to short positions being liquidated. (Samuel-Elias Nadler/Unsplash)
A bounce in crypto prices led to short positions being liquidated. (Samuel-Elias Nadler/Unsplash)