Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. See more for yourself here (https://news.bitcoin.com/bitcoin-short-squeeze-wipes-out-89m-as-price-surges-to-52k-etf-inflows-hit-4b/).
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