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Bitcoin, Ether, Solana Surge as $1B Shorts Wiped Out; Total Reaches $3.8B

Source: CoinDesk

Bitcoin, ether, and solana climbed as over $1 billion in short positions were liquidated in the latest 24-hour period, bringing the two-day total to about $3.8 billion. This follows Thursday’s record single-day short squeeze, the largest since 2021, indicating strong bullish momentum in the crypto market.

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