Crypto Liquidations Reach $250M as Short Positions Fuel Price Reversal

A recent $250 million crypto market liquidation event, triggered by a significant number of short positions, has caused noticeable price shifts in Bitcoin and Ethereum. This sudden influx of demand, driven by forced buybacks, indicates the high levels of leverage within cryptocurrency markets. Institutional investors have capitalized on these bullish reversals as they took advantage of buying opportunities offered by the increased volatility.