Bears are being Rekt: Over $600,000,000 of Crypto Shorts Liquidated as Market Recovers

In the past 24 hours, over $600M of Crypto Shorts were liquidated following the Evergrande scare cooling off.

It was certainly not a very good day for bears in the past 24h.

One bear lost about $15M with just one short.

Bears lost:

Over $200M shorting Bitcoin

Over $200M shorting Ethereum

Over $23M shorting Solana

Over $8M shorting Cardano

(…)

I hope you did not follow Jim Cramers advice and sold all your Crypto when it dipped the lowest.

(source on numbers)