Quick Take The recent rumors of a spot ETF approval, as reported by Cointelegraph, have triggered a significant market reaction, with Bitcoin soaring as high as $29,800 over the past hour. This sudden surge has led to an influx of liquidations, amounting to approximately $81 million. Interestingly, the bulk of these liquidations, roughly $70 million, […]
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Bitcoin liquidates $70M of short positions as it skyrocketed to $29,800 on rumors of spot ETF approval