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Bitcoin price spike triggers unprecedented short liquidations, breaking August record

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9 months ago 9 months ago

Bitcoin price spike triggers unprecedented short liquidations, breaking August record


Brandon Kae and Ivan Wu
by Brandon Kae and Ivan Wu 9 months ago9 months ago
Bitcoin price spike triggers unprecedented short liquidations, breaking August record


The sustained growth in open interest following this liquidation event suggests the futures market continues to function as an essential mechanism for price discovery.



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