Bitcoin Pushes Above $62,000 After Whales Add 270,000 BTC, Forcing $130M in Short Losses
Key Takeaways Bitcoin rebounded to a daily high of $62,137 to kick off July, widening the gap from its recent local low. Over $606 million in leveraged bets were liquidated, as Coinglass data showed short positions took the brunt. While Scott Melker eyes a bottom due to whale buys, one analyst warns S&P 500 macro…