$93 Million Worth of Bitcoin Shorts Liquidated as BTC Price Soars Above $19K
• In the past day, $93 million worth of Bitcoin shorts were liquidated in the futures market as BTC price surged above $19,000. • Liquidations occur when derivative exchanges must close a contract due to a certain percentage of the margin being lost. • Data from on-chain analytics firm Glassnode shows that total futures liquidations […]