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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)$71,048.00-7.18%
  • ethereumEthereum(ETH)$2,101.96-7.73%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$692.11-9.00%
  • rippleXRP(XRP)$1.44-9.70%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$90.94-8.09%
  • tronTRON(TRX)$0.281328-1.81%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.102491-5.77%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$71,048.00-7.18%
  • ethereumEthereum(ETH)$2,101.96-7.73%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$692.11-9.00%
  • rippleXRP(XRP)$1.44-9.70%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$90.94-8.09%
  • tronTRON(TRX)$0.281328-1.81%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.102491-5.77%