Bitcoin pump to $63,700 triggers the most short liquidations since late April

coindesk
2026.06.08 06:35
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Bitcoin's rebound to $63,700 triggered $504 million in short liquidations, the largest since late April. Total crypto liquidations hit $655 million, affecting over 104,000 traders. Bitcoin subsequently eased to $62,900 amid Middle East tensions and ahead of U.S. inflation data.