Liquidations Topped $645 Million as Bitcoin Surged to $81,000

• On August 25, bitcoin climbed above $81,000.
• Amid the market rally, more than $645 million in positions were liquidated over 24 hours, with most of it coming from shorts.

On August 25, 2026, bitcoin broke above the $81,000 mark and is currently holding around $80,500. The sharp market surge triggered a massive wave of liquidations — over the past day, traders lost more than $645 million.

According to CoinGlass, short-position holders took the biggest hit — about $457 million. Long liquidations totaled $189 million. The largest volumes of forced position closures by asset were:

• bitcoin — $332 million
• Ethereum — $150 million
• Solana — $21 million
• XRP — $14 million.

Over 24 hours, 95,885 traders were liquidated. The largest single liquidation was recorded on Bitget in the BTC/USDT pair — $103.54 million. 

The lion’s share of forced closures came from Binance ($228.70 million) and Bitget ($175.70 million).

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In the decentralized sector, Hyperliquid stood out with $77.38 million. On Bybit and OKX, traders’ losses reached $56.68 million and $50.04 million, respectively.

As a reminder, earlier Coinbase CEO Brian Armstrong predicted that bitcoin would rise to $400,000 by 2030.

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