Almost $160 million shorts liquidated in an hour

[Dato]

Almost $160 million shorts liquidated in an hour

<!-- SC_OFF --><div class="md"><p>Cascading liquidations on shorts across the exchanges has caused $120 million worth of liquidations in under an 1 hours and currently $160 million worth of liquidations in 4 hours.</p> <p>Yet another short squeeze that’s spiked the prices to the $42k region for BTC. The trend is looking good and green! Overall market cap over $1.7 trillion which is numbers we haven’t seen since the beginning of June. </p> <p><a href="https://www.bybt.com/LiquidationData">https://www.bybt.com/LiquidationData</a></p> <p>Edit: Title should have been $120 million in an hour.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/m00ncake80"> /u/m00ncake80 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oz9xq4/almost_160_million_shorts_liquidated_in_an_hour/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oz9xq4/almost_160_million_shorts_liquidated_in_an_hour/">[comments]</a></span>Kind Regards R