Cryptocurrency markets saw their biggest short position liquidation day in history on Wednesday, with over $1 billion in shorts liquidated over the space of a few hours.
Bitcoin Hits $69,000, Ethereum Goes on 20% Bull Rampage, XRP, SOL Pump 10% on Historic Crypto Day
Cryptocurrency markets saw their biggest short position liquidation day in history on Wednesday, with over $1 billion in shorts liquidated over the space of a few hours.
Yahoo Finance
Publisher
Aug 19, 2026 at 9:15 PM UTC · Updated 5時間前 · 1 分で読める
Key Signal
$1.92B 24-hour trader liquidations
Entities
bitcoin, ethereum, solana, xrp
Market Impact
Total MCap+7.68%
Last Updated
5時間前
Notable Statistics:
-
Coinglass data shows 126,017 traders were liquidated in the past 24 hours for $1.92 billion.
-
SoSoValue data shows net inflows of $189.3 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $71.5 million.
-
In the past 24 hours, top gainers include Bitway, Pump.fun and MemeCore.
Notable Developments:
Trader Notes:
Trader Michael van de Poppe said Bitcoin's surge to $69,000 wiped out shorts and cleared liquidity above $68,200.
He expects a pullback rather than an immediate continuation, viewing $66,500–$67,000 as a buying zone before a potential move toward $72,000–$73,500.
Trader KillaXBT compared Bitcoin's current 2026 structure with its 2022 bottom, suggesting a pullback from $68,000–$70,000 could still hold above previous lows.
Bitcoin moved from $66,072.5 to $69,108.8 over the last 30-day period, a gain of 4.6 percent.
Source: Kraken · NewsLayer Markets · Updated 数秒前
However, the pattern would require BTC to re-enter the range and show clear 4-hour/daily exhaustion; failure to do so would invalidate the fractal.
Image: Shutterstock
UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.
This article Bitcoin Hits $69,000, Ethereum Goes on 20% Bull Rampage, XRP, SOL Pump 10% on Historic Crypto Day originally appeared on Benzinga.com
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Follow the Story
- Aug 19Bitcoin Hits $69,000, Ethereum Goes on 20% Bull Rampage, XRP, SOL Pump 10% on Historic Crypto Day
- Aug 20Bitcoin surges 7% to $69,300: why $70,000 is the level that matters
- Aug 20ETF Market Moves | Bitcoin's 8% Surge Triggers Wave of Short Covering
- Aug 20Bitcoin Nears $70,000 And Sends MSTR Back Above $100
- Aug 19Bitcoin Hits $69,000, Ethereum Goes on 20% Bull Rampage, XRP, SOL Pump 10% on Historic Crypto Day
- Aug 20Bitcoin surges 7% to $69,300: why $70,000 is the level that matters
- Aug 20ETF Market Moves | Bitcoin's 8% Surge Triggers Wave of Short Covering
- Aug 20Bitcoin Nears $70,000 And Sends MSTR Back Above $100
Sourced by
Originally reported by Yahoo Finance
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$69,136
+7.61% (24H)
Market Cap
$1.39T
24H Volume
$42.1B
24H High
$70,002
Article Intelligence
Related Coverage
CryptoBitcoin Near $70,000, Ethereum, XRP, Dogecoin Pop as Crypto Hits 'Greed' Mode: Analyst Says It's Just the2時間前 · 2 min read
CryptoBitcoin Surges Over 8% Triggering Short Liquidations, Ethereum Jumps 18%: Here's Why1時間前 · 4 min read
CryptoZEC, SOL, and XRP Rally as Ethereum Breaches $2,0002時間前 · 2 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
