Between 1-2 June, more than $200 million worth BTC positions were liquidated as Bitcoin rose by $700 and collapsed by the same amount. Since then, the price has moved mostly sideways. On the same day,
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Bitcoin CME COT report shows surge in short positions written by Akash Girimath @ https://eng.ambcrypto.com/bitcoin-cme-cot-report-shows-surge-in-short-positions June 6, 2020 Akash Girimath