Short sellers face market's wrath as $700M gets liquidated in minutes
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最新报道：Bitcoin's sudden surge above $57,000 triggered a massive liquidation of short positions, wiping out over $560 million in bearish bets within just one hour. The rapid price jump caught traders off guard as BTC gained nearly 10% in 24 hours, reaching its highest level since late 2021. Market analysts attribute the rally to growing institutional interest through spot Bitcoin ETFs, with daily inflows hitting record levels. The sharp move highlights the volatile nature of crypto markets, where leveraged positions can be quickly eliminated during unexpected price swings. Trading volumes spiked across major exchanges as the rally accelerated.
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