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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)$89,359.00-3.21%
  • ethereumEthereum(ETH)$3,022.56-4.00%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.70%
  • binancecoinBNB(BNB)$883.67-2.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.33-4.36%
  • tronTRON(TRX)$0.285665-0.33%
  • staked-etherLido Staked Ether(STETH)$3,020.29-4.14%
  • dogecoinDogecoin(DOGE)$0.139508-5.82%
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  • bitcoinBitcoin(BTC)$89,359.00-3.21%
  • ethereumEthereum(ETH)$3,022.56-4.00%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.70%
  • binancecoinBNB(BNB)$883.67-2.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.33-4.36%
  • tronTRON(TRX)$0.285665-0.33%
  • staked-etherLido Staked Ether(STETH)$3,020.29-4.14%
  • dogecoinDogecoin(DOGE)$0.139508-5.82%