Bitcoin Surges Past $7,100, Leaving $15 Million Worth of Burned BitMEX Shorts

After managing to retake $7,200 on the weekend, Bitcoin tumbled lower on Monday morning, falling as low as $6,800 in a move that liquidated $40 million worth of BitMEX long positions. With this, the cryptocurrency had tumbled 7% from the weekend highs and 9% from the $7,470 highs seen two weeks back. This was a move…

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Author: toutiao