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Bitcoin, ether and solana climb as another $1 billion shorts get wiped out

Summary by coinstats.app
The two-day short liquidation total has reached about $3.8 billion, after Thursday's figure set a record going back to 2021.

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Bitcoin continues its momentum, drawing its third consecutive long green candle on the daily chart. On Friday morning, the leading cryptocurrency broke through the $75,000 level, reaching its highest price since late May. Friday morning saw a continuation of the rally, which has led to the forced closure of short positions totaling nearly $4 billion in the last 48 hours.

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Coin Desk broke the news in New York, United States on Friday, August 21, 2026.
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