📊 Huge liquidation hits the market!
In the past 24 hours, short positions worth approximately $224 million have been liquidated across several trading platforms, according to data from CryptoSlate and RootData.
💎 This liquidation came after a strong upward wave that pushed prices to rise quickly, forcing traders to close their losing positions.
💎 The large number reflects the size of the open positions against the trend and indicates increased buying pressure in the market.
📈 In short: "The bulls won the last round!"