As Bitcoin (BTC) Hits $30,000, Almost $200 Million Gets Liquidated on Market

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As $BTC hits $30,000, almost $200 million worth of positions across exchanges evaporate

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The liquidation of short positions indicates that traders betting against the rising price of Bitcoin were caught off guard by the sudden price surge. As the price of the leading cryptocurrency soared, these traders were forced to exit their positions, incurring substantial losses in the process.

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