Bitcoin Approaches $72,000, Short Squeeze Exceeds $3 Billion
2026-08-20 18:14:31
According to CoinMeta, Bitcoin has seen short liquidations exceed $3.1 billion for the second consecutive day. As per CoinMeta data, since Thursday, the total amount of short liquidations has surpassed $3.1 billion. Bitcoin continues to respond to the liquidity interventions by the U.S. Treasury, approaching $72,000. Short-term holders have profited from their previous losing positions and transferred 43,300 BTC.
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Source:Cointelegraph
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