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Morning Edition · Sunday, August 30, 2026Published at 1:48 AM EDT · New York
Nearly $9.7 Billion in Crypto Positions Liquidated Over Two Weeks, Two Thirds of Them Shorts
Bitcoin traded near $77,800 on Friday after Federal Reserve Chair Kevin Warsh said inflation was running too hot, ending a run that exchange-traded fund inflows had driven.
Derivatives positioning, not spot demand, produced most of the movement in crypto over the past two weeks. More than $9.71 billion in leveraged positions were liquidated, split between $6.55 billion of shorts and $3.16 billion of longs. Sho…
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