Retail traders’ Bitcoin bet backfires after Trump’s ceasefire call

Retail traders increased their Bitcoin trading activity due to geopolitical uncertainties, peaking at over 25% inflow into Binance. Shortly before the ceasefire announcement, they had built up short positions, expecting a price drop.

However, after the announcement, Bitcoin prices surged, resulting in significant liquidations—close to $500 million, primarily from short positions. This reaction highlighted a stark contrast between retail traders and institutional investors, who continued to hold long positions.

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