A massive short squeeze on Aug. 19, which is the largest single-day short liquidation event recorded by Glassnode since 2019, catalyzed a bitcoin price rally toward $80,000. Record Squeeze Triggers Price Rebound The massive wave of short liquidations on Aug. 19 served as the primary catalyst for bitcoins rapid price rebound, according to blockchain analytics []
A massive short squeeze on Aug. 19, which is the largest single-day short liquidation event recorded by Glassnode since 2019, catalyzed a bitcoin price rally toward $80,000. Record Squeeze Triggers Price Rebound The massive wave of short liquidations on Aug. 19 served as the primary catalyst for bitcoins rapid price rebound, according to blockchain analytics []
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