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Blockonomi
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Bitcoin Bulls Roar: $198 Million in Shorts Liquidated in 24-Hour Frenzy
- Bitcoin surged to $66,000, causing $233 million in crypto derivatives liquidations.
- Short positions were hit hard, with $198 million in shorts liquidated.
- The rally affected other cryptocurrencies, with Ethereum and Solana outperforming Bitcoin.
- A “three-line break chart” suggests Bitcoin may be headed for record highs above $73,000.
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