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Reading: Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
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EU News Forge > Blog > Business > Cryptocurrency > Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
Cryptocurrency

Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

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Last updated: August 20, 2026 6:29 am
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1 day ago
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Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market’s history.

Source: CoinDesk

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