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. Bitcoin’s sharp rebound from last week’s lows triggered about $504 million in losses for short sellers over 24 hours, the largest daily hit since late April. Total crypto liquidations reached roughly $655 million and affected more than 104,000 traders, with bitcoin and ether positions accounting for the bulk of forced closures. After…
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