Bitcoin return to $71K would wipe $1.38B shorts
If Bitcoin returns to the price it had been hovering around for the previous two days before the slight dip, it would wipe out a considerable number of short positions.
![Bitcoin return to $71K would wipe $1.38B shorts](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvZjcxNjhjMTItODBlYi00MGMzLTkxN2EtODdjYWVjYWUxYjI3LmpwZw==.jpg?#)
If Bitcoin returns to the price it had been hovering around for the previous two days before the slight dip, it would wipe out a considerable number of short positions.