Collected source record

Bitcoin Surges Above $80,000 After Midterm Elections, Shorts Liquidated for $269 Million in One Hour According to Binance market data, Bitcoin is currently trading at…

Wu Blockchain
Published: 2026-11-04 15:58 UTC
Collected: 2026-11-04 17:14 UTC
Original language: Not supplied by source

Original source excerpt

Bitcoin Surges Above $80,000 After Midterm Elections, Shorts Liquidated for $269 Million in One Hour According to Binance market data, Bitcoin is currently trading at approximately $80,510, up 4.2% o…

Bitcoin Surges Above $80,000 After Midterm Elections, Shorts Liquidated for $269 Million in One Hour According to Binance market data, Bitcoin is currently trading at approximately $80,510, up 4.2% over the past 24 hours. CoinGlass data shows that $363.67 million in positions were liquidated across the market in the past hour, of which shorts accounted for $268.96 million. BTC liquidations reached $192.26 million (shorts accounted for 96.4%), while ETH liquidations totaled $124.05 million. Over the past 24 hours, total liquidations reached $933.18 million, affecting 120,141 traders. Bitcoin initiated a short squeeze rally after the midterm election results were released.

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