Bitcoin returns to $64,000, with short liquidations reaching $57.4 million
2026-08-17 19:19
Odaily News: Bitcoin rebounded from a low of $62,653 during the day, breaking through $64,000, hitting an intraday high of $64,375, with a daily gain of nearly 2% and a market cap briefly exceeding $1.29 trillion.
Coinglass data shows that over the past 24 hours, the liquidation amount for leveraged short positions in Bitcoin was $57.4 million, while long positions saw $13.3 million in liquidations. During the same period, total liquidations across the entire network approached $220 million, with short positions accounting for approximately $155 million.
Business intelligence software firm Strategy held 840,447 bitcoins as of August 16, with no changes in its holdings, while increasing its U.S. dollar cash reserves to $4.8 billion. The company used $333.7 million raised from selling common stock to repurchase 1,388,720 shares of STRC and pay $52.4 million in preferred stock dividends. (Bitcoin.com News)
Coinglass data shows that over the past 24 hours, the liquidation amount for leveraged short positions in Bitcoin was $57.4 million, while long positions saw $13.3 million in liquidations. During the same period, total liquidations across the entire network approached $220 million, with short positions accounting for approximately $155 million.
Business intelligence software firm Strategy held 840,447 bitcoins as of August 16, with no changes in its holdings, while increasing its U.S. dollar cash reserves to $4.8 billion. The company used $333.7 million raised from selling common stock to repurchase 1,388,720 shares of STRC and pay $52.4 million in preferred stock dividends. (Bitcoin.com News)
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