Over $410M in crypto shorts liquidated as market turns bullish

8-5-2025 – In a dramatic turn of events across digital asset markets, short positions faced a substantial clearing, with traders witnessing more than $410 million in short-order liquidations during the latest 24-hour period, according to fresh data from Coinglass. The market’s leading cryptocurrencies bore the brunt of this sweeping liquidation event. Bitcoin-linked positions saw $194 [. source: https://www.cointrackdaily.com/over-410m-in-crypto-shorts-liquidated-as-market-turns-bullish/