Home / General / Crypto Shorts Get Rekt: Liquidations Near $800M as Bitcoin Price Spikes

Crypto Shorts Get Rekt: Liquidations Near $800M as Bitcoin Price Spikes

Bitcoin is trading near $97,000 for the first time since November, with broader crypto market gains punishing bears over the last day.

The price of Bitcoin is soaring Wednesday, and traders betting against the leading cryptocurrency and other top assets are feeling the pain—to the tune of nearly $700 million worth of liquidated short positions over the last 24 hours.
Bitcoin was rec… [1474 chars]

Source: Decrypt | Published: 2026-01-14T15:36:08Z

Credit: Decrypt

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