$300M Shorts Liquidated as Bitcoin Soars to 18-Week High

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$300M Shorts Liquidated as Bitcoin Soars to 18-Week High
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Bitcoin and most altcoins have exploded for a second consecutive Saturday.

to last Saturday morning, though, they seem to be getting the upper hand in this battle as they pushed bitcoin not only beyond $21,000 but also above $22,000. In fact, BTC tapped an intraday high of just under $22,800. This is the highest it has been in over three months.Most altcoins have followed suit. Ethereum has skyrocketed above $1,600 following a 6.5% daily increase. Solana and OKB have taken the lead with massive double-digit price pumps.

The crypto market cap has also reclaimed the coveted $1 trillion mark even on CoinMarketCap. Naturally, these explosive moves have harmed short traders.SPECIAL OFFER

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