Bitcoin tops $87,000, triggering $1.09 billion in crypto liquidations, $919 million of them shorts

Bitcoin surged above $87,000, up more than 5% in 24 hours, triggering a short squeeze that liquidated $1.09 billion in leveraged crypto positions over 24 hours, $919.48 million of them shorts including $557.64 million in bitcoin shorts. Spot bitcoin ETF inflows hit $435 million as the funds moved back above water.

Detected & updated continuously · Source: Nebula