RE: Btc shorts down 65% in past 18 hours21 Jun 2021 13:52
7,000 btc is about $250m.
24 hour volume is about $1,450m, so it explains some. Any shorts closing has to be good for btc. For me, it’s starting to look like we are near the end of the accumulation phase. I bought btc x3 in the past 24 hours. I haven’t bought more arb today, so far.