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Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

CoinDesk · Aug 20, 2026

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Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market's history.

AI output is based only on the stored feed text and may be incomplete or incorrect. It is not investment advice. Verify important claims at the original source.
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