The Block (@TheBlockCo): THE BLOCK: Bitcoin's record $1.37 billion short squeeze has flushed leverage from the market, while calls have become more expensive than puts for the…
Estimated coin impact
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- BTC+90Positive
THE BLOCK: Bitcoin's record $1.37 billion short squeeze has flushed leverage from the market, while calls have become more expensive than puts for the first time since September 2025, according to analysts. $BTC also reclaimed four major moving averages in record time, as Bessent's Treasury push adds to a macro backdrop analysts say could support further gains.