Bitcoin’s Sharp Reversal Leaves Over $800 Million Liquidated In 1 Day

Bitcoin tumbled sharply this week and erased the gains it had made in 2026. Reports from CoinGlass show that over the past 24 hours, 167,513 traders were forced out of their positions, with total liquidations reaching $857 million, with most of those losses coming from long bets. The price slid below the key $88,000 area on major exchanges as traders were forced out of leveraged positions.Liquidations And Quick Drop
According to CoinGlass and market trackers, the liquidations were concentrated i