Bitcoin Short Interest Surges Again Following Record Liquidations

After a record-breaking liquidation event wiped out $19 billion worth of long positions, the crypto market witnessed another surge in short interest. Traders have placed an additional $19 billion into short Bitcoin positions, indicating their continued skepticism about the cryptocurrency’s near-term price recovery. 🧠 This follows a period of bearish sentiment fueled by recent market crashes and uncertainties surrounding key events.