---
title: "Bitcoin return to $71K would wipe $1.38B shorts"
url: https://diffcoin.com/bitcoin-return-to-71k-would-wipe-1-38b-shorts/
description: "If Bitcoin returns to the price it has been hovering around for the previous two days before the slight dip, it would wipe a considerable amount of short…"
published: 2024-06-08
updated: 2024-06-08
author: "Mila"
site: "Diffcoin"
---

# Bitcoin return to $71K would wipe $1.38B shorts

If Bitcoin returns to the price it has been hovering around for the previous two days before the slight dip, it would wipe a considerable amount of short positions.

[Source link](https://cointelegraph.com/news/bitcoin-price-liquidations-united-states-macro-economic-uncertainty)