Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

NewsThu, 20 Aug 2026 04:29:56 UTC1 hour ago
Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market's history.
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