Bitcoin, ether, oil shorts lead $427 million wipeout on US-Iran ceasefire

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Short sellers betting on continued war escalation lost $427 million in 24 hours as bitcoin vaulted past $72,000 on the ceasefire announcement.

source https://www.coindesk.com/markets/2026/04/08/bitcoin-ether-oil-shorts-lead-usd427-million-wipeout-on-us-iran-ceasefire

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