Crypto Market Recovery: $450M Shorts Liquidated, Bitcoin Hits 9-Month High
This follows the liquidation of nearly $270 million in short positions across BTC, ETH, SOL, XRP, DOGE, ZEC, HYPE, and other top altcoins in just an hour
The post Solana and XRP spot ETFs see inflows as Bitcoin and Ethereum face combined $520M in outflows appeared first on Crypto Briefing
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This follows the liquidation of nearly $270 million in short positions across BTC, ETH, SOL, XRP, DOGE, ZEC, HYPE, and other top altcoins in just an hour
The gains coincide with a 663% increase in inflows to the Binance exchange and a surge in XRP’s open interest to $3
A short squeeze started the move, but spot buyers have sustained it, and one measure of selling pressure is near a record low
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