Cryptocurrency markets saw their biggest short position liquidation day in history on Wednesday, with over $1 billion in shorts liquidated over the space of a few hours.
Notable Statistics:
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Coinglass data shows 126,017 traders were liquidated in the past 24 hours for $1.92 billion.     Â
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SoSoValue data shows net inflows of $189.3 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $71.5 million.
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In the past 24 hours, top gainers include Bitway, Pump.fun and MemeCore.
Notable Developments:
Trader Notes:
Trader Michael van de Poppe said Bitcoin’s surge to $69,000 wiped out shorts and cleared liquidity above…
