# Nearly $9.7 Billion in Crypto Positions Liquidated Over Two Weeks, Two Thirds of Them Shorts

Bitcoin traded near $77,800 on Friday after Federal Reserve Chair Kevin Warsh said inflation was running too hot, ending a run that exchange-traded fund inflows had driven.

- Published: 2026-08-30T05:48:31.718Z
- Canonical: https://polylog.news/crypto/2026-08-30/nearly-9-7-billion-in-crypto-positions-liquidated-over-two-w
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Polylog editors](https://polylog.news), [Bitcoin Magazine (ETF-driven surge)](https://bitcoinmagazine.com/news/bitcoin-cools-following-etf-investment), [Bitcoin Magazine (Grayscale on debasement)](https://bitcoinmagazine.com/news/debasement-trade-to-benefit-bitcoin)

Derivatives positioning, not spot demand, produced most of the movement in crypto over the past two weeks. More than $9.71 billion in leveraged positions were liquidated, split between $6.55 billion of shorts and $3.16 billion of longs. Sho…

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