Bitcoin SV (CRYPTO: BSV) surged over 51% on Wednesday, surpassing Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), to secure a spot as one of the top performers on CoinMarketCap’s rankings today.
What Happened: At the time of writing, BSV was trading at $80, with its trading volumes escalating over 877% in a single day, reaching $520 million.
Data from CoinGlass shows the impact on short sellers, indicating that over $3 million worth of BSV short positions were liquidated in the last 24 hours.
The rise of BSV ...
Ethereum In The Dust; Shorts Get Liquidated>Full story available on Benzinga.com