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$380M in Bitcoin (BTC) Shorts Liquidated Within One Hour

COINOTAG·November 4, 2026·1 min read
$380M in Bitcoin (BTC) Shorts Liquidated Within One Hour

Bitcoin (BTC) rebounded from a seven-week low of $75,600 to an intraday high of $81,000 in about twelve hours on Wednesday, liquidating $380 million in BTC shorts within one hour. The speed of the reversal cleared the most crowded trade in the market.

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