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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)$97,550.00-0.89%
  • ethereumEthereum(ETH)$3,343.75-2.60%
  • tetherTether(USDT)$1.000.02%
  • solanaSolana(SOL)$250.59-3.13%
  • binancecoinBNB(BNB)$655.68-0.58%
  • rippleXRP(XRP)$1.39-6.68%
  • dogecoinDogecoin(DOGE)$0.419424-5.88%
  • usd-coinUSDC(USDC)$1.000.05%
  • cardanoCardano(ADA)$0.99-8.32%
  • staked-etherLido Staked Ether(STETH)$3,343.92-2.54%
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  • bitcoinBitcoin(BTC)$97,550.00-0.89%
  • ethereumEthereum(ETH)$3,343.75-2.60%
  • tetherTether(USDT)$1.000.02%
  • solanaSolana(SOL)$250.59-3.13%
  • binancecoinBNB(BNB)$655.68-0.58%
  • rippleXRP(XRP)$1.39-6.68%
  • dogecoinDogecoin(DOGE)$0.419424-5.88%
  • usd-coinUSDC(USDC)$1.000.05%
  • cardanoCardano(ADA)$0.99-8.32%
  • staked-etherLido Staked Ether(STETH)$3,343.92-2.54%