“Short-Sellers in Cryptocurrency Market Feel the Heat as Prices Rise Post Inflation Report: An Analysis”
The cryptocurrency market pumped over the last four hours as a result of inflation numbers staying within expected ranges, which led to a massive liquidation of short positions in cryptocurrencies. According to CoinGlass data, short positions accounted for more than 85% of the $151.24 in crypto liquidations during the period, or about $130 million as…
