Bitcoin Shorts Hit 2-Year High on BitFinex: $30K Breakdown or Short Squeeze Incoming?

The number of open shorts positions on leading cryptocurrency and derivatives exchange BitFinex is at a two-year high as bitcoin price returns to the monthly lows amid $30K. The current amount of shorts is the highest since June 17, 2019, forcing more traders to wonder whether BTC is set for further dips, which may lead […]
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