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Crypto

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

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

Summary

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 & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →