Bitcoin Surpasses $80,000 After 113 Days: $179 Million in Forced Liquidations in 4 Hours

Bitcoin (BTC) surpassed the $80,000 threshold again after 113 days, with $179.19 million in liquidations occurring in the last four hours.

The Bitcoin price rose above $80,000 for the first time since May 4, 2026. Based on Binance market data, Wu Blockchain reported that BTC reached its highest level in approximately three months and was trading around $79,174 at the time of writing. Thus, the critical level was breached again after a 113-day hiatus.

The price action brought about sharp liquidations in leveraged trades. Liquidation refers to the forced closure of a position by an exchange when price movements move in the opposite direction and collateral becomes insufficient. According to CoinGlass data, a total of $179.19 million worth of positions were liquidated in the last four hours. Of this, $78.99 million were long positions (trades opened with expectations of a rise), while $100.20 million were short positions (trades opened with expectations of a decline).

Short position liquidations on Bitcoin increased

The shared liquidation chart shows that the movement was also effective across different timeframes. In the last hour, a total of $36.04 million, in 12 hours $281.22 million, and in 24 hours $392.73 million worth of positions were closed. In the 12 and 24-hour views, short liquidations remained above long liquidations at $163.04 million and $219.96 million, respectively.

The high volume of short position liquidations indicates that the rally may have been accelerated by the forced closure of some bearish trades. However, the data alone does not establish a definitive cause-and-effect relationship. The pull-back of the Bitcoin price toward $79,174 shows that the permanence of the $80,000 threshold has not yet been confirmed.