# Bitcoin Trades Above $75,000 as Two Days of Short Liquidations Reach About $3.8 Billion

CoinDesk reports Thursday's short liquidation figure was the largest in records going back to 2021, and more than $222 million of shorts closed in a single hour overnight.

- Published: 2026-08-21T05:52:54.718Z
- Canonical: https://polylog.news/crypto/2026-08-21/bitcoin-trades-above-75-000-as-two-days-of-short-liquidation
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/08/21/bitcoin-ether-and-solana-climb-as-another-usd1-billion-shorts-get-wiped-out), [crypto.news](https://crypto.news/3-billion-short-squeeze-anatomy-crypto-biggest-liquidation-2021-2/), [Polylog editors](https://polylog.news), [CoinDesk](https://www.coindesk.com/markets/2026/08/20/treasury-buybacks-could-set-up-bitcoin-s-next-move-toward-usd180-000)

Bitcoin, ether and solana all rose overnight as another round of forced buying closed out bearish derivatives positions. CoinDesk reports the two-day short liquidation total reached about $3.8 billion, after Thursday's figure set a record i…

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