$357,020,000 in Bitcoin and Crypto Liquidated As BTC Price Pushes Above $80,000

04-May-2026 The Daily Hodl

Traders betting against Bitcoin and the crypto markets are getting liquidated as BTC’s price pushes above $80,000.

IIn the last 24 hours, a total of $375.02 million in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass.

The vast majority of the liquidations hit traders going short, coming in at $304.96 million.

Bitcoin led the wipeouts with $160.8 million liquidated, nearly all from short positions. Ethereum followed at $84.7 million, also dominated by shorts.

Over 98,000 traders were forced out.

Bitcoin is now trading at $80,416, up nearly 3% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post $357,020,000 in Bitcoin and Crypto Liquidated As BTC Price Pushes Above $80,000 appeared first on The Daily Hodl.

Also read: Tom Lee Says Crypto Bear Phase Is Already Mostly Over – Raoul Pal Agrees

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