Bitcoin (BTC) suffered a sharp selloff last week, losing almost 1,000 millionaires a day as prices slid to as low as $109,000. The drop was followed by an altcoin rebound on Monday, September 29, as more than $260 million in BTC short positions were liquidated, fueling gains in Solana (SOL), Dogecoin (DOGE), Ethereum (ETH), and XRP, which also saw over $6 billion in inflows overnight. With Bitcoin’s total capitalization recovering to $2.23 trillion and the price seeing a 2
source: https://finbold.com/short-squeeze-alert-15-billion-bitcoin-time-bomb/