Bitfinex shorts crumble, bears capitulate after Bitcoin holds above $30K


$ 84,139.8
€ 77,380.6
¥ 38,800.0
£ 65,059.1
BTC
2.38 %
$ 1,925.99
€ 1,771.56
¥ 888.47
£ 1,489.79
ETH
1.74 %
$ 210.67
€ 193.48
¥ 97.23
£ 162.61
XMR
1.35 %
$ 92.01
€ 84.59
¥ 42.43
£ 71.09
LTC
3.00 %

$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears have given up.