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Bitfinex shorts crumble, bears capitulate after Bitcoin holds above $30K

June 28, 2021 by DIGIT
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$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears have given up.

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Categories Bitcoin, BitFinex, BTC Price, derivatives, margin, Markets, Shorts
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  • bitcoinBitcoin(BTC)$69,458.000.70%
  • ethereumEthereum(ETH)$2,492.36-0.19%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$569.110.03%
  • solanaSolana(SOL)$166.531.21%
  • usd-coinUSDC(USDC)$1.000.03%
  • rippleXRP(XRP)$0.51-0.51%
  • staked-etherLido Staked Ether(STETH)$2,491.24-0.24%
  • dogecoinDogecoin(DOGE)$0.1591990.51%
  • tronTRON(TRX)$0.166066-0.70%
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  • bitcoinBitcoin(BTC)$69,458.000.70%
  • ethereumEthereum(ETH)$2,492.36-0.19%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$569.110.03%
  • solanaSolana(SOL)$166.531.21%
  • usd-coinUSDC(USDC)$1.000.03%
  • rippleXRP(XRP)$0.51-0.51%
  • staked-etherLido Staked Ether(STETH)$2,491.24-0.24%
  • dogecoinDogecoin(DOGE)$0.1591990.51%
  • tronTRON(TRX)$0.166066-0.70%