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Nearly $360M In Crypto Shorts Squeezed As Bitcoin Recovers To $116,000

NewsBTC•Tuesday, October 28, 2025 at 2:00:06 AM
PositiveCryptocurrency
Nearly $360M In Crypto Shorts Squeezed As Bitcoin Recovers To $116,000
In an impressive turn of events, Bitcoin has surged back to $116,000, leading a recovery in the cryptocurrency market that has resulted in nearly $360 million in liquidations for short investors. This rally not only highlights the resilience of Bitcoin and Ethereum, which reached $4,250, but also signals a potential shift in market sentiment. As cryptocurrencies bounce back from recent lows, this recovery could attract more investors and restore confidence in the market, making it a significant moment for both seasoned traders and newcomers.
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