Over 74,000 positions liquidated after modest market recovery, indicating high leverage
Short positions bear the brunt as market rebound triggers chain reaction of liquidations.

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The absence of other victims prompted the decision by the US government.
Bitcoin ETFs face a turbulent week with $1.2B outflows as SEC scrutinizes new proposals.
Bitcoin holders maintain an optimistic outlook as NUPL remains in positive territory despite recent volatility.
Although the options platform is not officially for sale, it confirmed that a variety of parties have expressed interest in strategic investments.
Bitcoin is currently under pressure from macro risks but any retracement below $80,000 presents a "medium-term" buying opportunity, according to Standard Chartered.
According to Matt Hougan, the demand from this companies could impact the Bitcoin market in a positive and significant way.