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Bitcoin Squeezes Past $71K as Historic $2.7B Short Liquidation Wipes Whales

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Crypto markets experienced a record-breaking $2.74 billion short squeeze as Bitcoin surged above $71,000.
  • Massive forced liquidations across BTC, ETH, and SOL inflicted multi-million-dollar losses on prominent whale accounts, fueling rapid upward momentum across major cryptocurrencies.
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BTCUSD price history

75626.25 +12.88% over the displayed period

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