Bearish crypto bets lose record $3 billion as bitcoin tops $71,000

CoinDeskAugust 20, 2026 at 4:29 AM

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.

This is a summary. For the full story, read the original article at CoinDesk.

Original source: CoinDesk

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