CoinDesk

Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market's history.

By CoinDesk

1 min read
Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

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