Bitcoin's rally to $63,700 triggers $504 million losses for short sellers, most since late April

CoinDeskJune 8, 2026 at 5:53 AM

Traders betting against bitcoin lost $504 million over 24 hours as it bounced from below $60,000, though a fresh Iran-Israel flare-up pulled prices back on Monday.

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

Original source: CoinDesk

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