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CRYPTO

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

CoinDeskFriday, August 21, 2026 at 4:56 AM

RedScroll Brief

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

The two-day short liquidation total has reached about $3. 8 billion, after Thursday's figure set a record going back to 2021.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. The two-day short liquidation total has reached about $3. 8 billion, after Thursday's figure set a record going back to 2021. Watch liquidity and volatility around Bitcoin and Ether — crypto markets reprice narrative risk quickly.
Read original source → COINDESKEdition 2026-08-21

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

The two-day short liquidation total has reached about $3. 8 billion, after Thursday's figure set a record going back to 2021.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CoinDesk published: Bitcoin, ether and solana climb as another $1 billion shorts get wiped out

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Bitcoin and Ether — crypto markets reprice narrative risk quickly.

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Source

CoinDesk

Original reporting by CoinDesk. RedScroll provides an extractive briefing only.