DeFi Intel

Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

The largest cryptocurrency surged 7.9% in a day to around $77,000, triggering a short squeeze that wiped out roughly $1.21 billion in bearish bets amid a wave of favorable news from Washington.

Read full article on Decrypt →

DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Decrypt.

Want the full article?

Continue reading on Decrypt →

Stay current on entity-tagged crypto news

Get the weekly DeFi Intel brief — entity-graph intelligence covering protocols, tokens and incidents, free to your inbox.