Bitcoin Pushes Above $62,000 After Whales Add 270,000 BTC, Forcing $130M in Short Losses

2 July 2026
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Bitcoin rebounded to a daily high of $62,137, marking a 3% 24-hour gain and establishing a bright start to July after bouncing off a recent low of $57,735. Liquidations Flip the Script on Derivatives On Thursday, bitcoin logged further marginal gains, briefly breaching the $62,000 threshold and widening the gap from a year-to-date low of […]