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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)$88,118.00-0.19%
  • ethereumEthereum(ETH)$2,977.98-0.19%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$849.18-0.61%
  • rippleXRP(XRP)$1.920.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$124.93-1.11%
  • tronTRON(TRX)$0.2839001.78%
  • staked-etherLido Staked Ether(STETH)$2,977.04-0.14%
  • dogecoinDogecoin(DOGE)$0.131251-0.29%
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  • bitcoinBitcoin(BTC)$88,118.00-0.19%
  • ethereumEthereum(ETH)$2,977.98-0.19%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$849.18-0.61%
  • rippleXRP(XRP)$1.920.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$124.93-1.11%
  • tronTRON(TRX)$0.2839001.78%
  • staked-etherLido Staked Ether(STETH)$2,977.04-0.14%
  • dogecoinDogecoin(DOGE)$0.131251-0.29%