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2026-06-08 08:30:29

Bitcoin’s Bounce to $64,000 Wipes out $320 Million in Crypto Shorts in 15 Minutes

A sudden bitcoin rebound torched roughly $320 million worth of short positions across the crypto market in just 15 minutes, as bearish traders were caught offside by a fast reversal off the year’s lows. A 15-Minute Short Squeeze A little over $320,000,000 in shorts were liquidated from the crypto market in a single 15-minute window

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