Over $450M Shorts Liquidated in 24 Hours as Crypto Market Extends Rally

Traders betting against the crypto market have suffered more than $450 million in losses over the past 24 hours as major cryptocurrencies surged higher in one of the most impressive rallies in about a year. According to data by CoinGlass, short traders suffered around $457 million across major centralized exchanges over the past day. Crypto exchange OKX took the lion’s share of these liquidations at over $241 million, followed by Binance at $116 million. ... Read More: Over $450M Shorts Liquidated in 24 Hours as Crypto Market Extends Rally