From record squeezes to massive ETF inflows: everything that’s driving Bitcoin right now
Bitcoin (BTC) is up about 26% from its mid-August low after a short-term liquidation event accelerated the rebound. Glassnode said the August 19 move resulted in the largest single-day liquidation event since 2019. Short positions accounted for for most liquidations in major centralized exchanges. The actual total was likely higher because the dataset excludes Hyperliquide. … Read more