Bitcoin Surge on Monday Triggers Liquidations Over $200 Million

The cryptocurrency market kicked off the week on a positive note, with a strong rally in the price of major tokens. However, the Bitcoin surge was not as favorable for traders, particularly those who had opened short positions. In the last 24 hours, short-sellers have incurred losses amounting to $143.13 million. Overall, the market saw liquidations of more than $204 million during the same period...

Source