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998 Bitcoin pump to $63,700 triggers the most short liquidations since late April

CoinDesk
Shaurya Malwa @ CoinDesk · 06/08/2026 01:53 EDT

Bitcoin pump to $63,700 triggers the most short liquidations since late April

Traders betting against bitcoin lost $504 million over 24 hours as it bounced from below $60,000, though a fresh Iran-Israel flare-up pulled prices back on Monday.

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