A post by @WuBlockchain on X.
Bitcoin Surges Above $80,000 After Midterm Elections, Shorts Liquidated for $377 Million in One Hour…
@WuBlockchain on X
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Bitcoin climbed above $80,000 following the U.S. midterm elections, trading near $80,510 on Binance, up 4.2% over 24 hours. The rally triggered $377 million in short liquidations within a single hour, with total liquidated positions reaching $465 million, according to CoinGlass data. The move underscores how election-driven volatility can force rapid deleveraging among bearish traders. Traders will watch whether Bitcoin can hold the $80,000 level and whether liquidation volumes subside as the market digests the outcome.
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Bitcoin (BTC), Binance, CoinGlass, Wu Blockchain
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