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Bitcoin Shorts Get Rekt as BTC Tops $116K for First Time

The price of Bitcoin just soared to another all-time high, and hundreds of millions of dollars' worth of shorts have been liquidated.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Shorts Get Rekt as BTC Tops $116K for First Time
The price of Bitcoin just soared to another all-time high, and hundreds of millions of dollars' worth of shorts have been liquidated.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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