{"id":77709,"date":"2026-09-04T14:20:49","date_gmt":"2026-09-04T14:20:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-spikes-above-82k-after-heavy-short-liquidations\/"},"modified":"2026-09-04T14:20:49","modified_gmt":"2026-09-04T14:20:49","slug":"bitcoin-spikes-above-82k-after-heavy-short-liquidations","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-spikes-above-82k-after-heavy-short-liquidations\/","title":{"rendered":"Bitcoin Spikes Above $82K After Heavy Short Liquidations"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">On Sept. 3, bitcoin jumped above $82,000 as $250 million in short positions were wiped out.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The short squeeze drove broad crypto liquidations to $758 million, spurring a 21% rally in Zcash (ZEC).<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">One analyst says BTC open interest stays at $54 billion, with $81,500 key to sustaining momentum.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Bitcoin Spikes After Heavy Short Liquidations<\/h2>\n<p>Bitcoin\u2019s sudden spike on Sept. 3 pushed its price above $82,000, shrugging off the bearish sentiment that had emerged after its recent plunge toward $76,000. Although the asset gradually retreated from the multiweek high, it appeared to establish fresh support around $80,500 while encountering <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-barrels-towards-81k-as-shorts-lose-415m\/\">resistance just above $81,200<\/a>. However, a sell-off later saw it briefly tumble to $79,200.<\/p>\n<p>The upward move dealt a heavy blow to traders shorting the cryptocurrency. Market data shows that nearly $250 million in short leveraged positions were wiped out over a 24-hour period. By comparison, only $21.5 million in long positions were liquidated, underscoring the strength of the bullish momentum sweeping across the market.<\/p>\n<p>This imbalance between short and long liquidations extended beyond bitcoin. Ethereum (ETH), which continues to track BTC\u2019s broader trend, saw short positions account for roughly 54% of its $184 million in total liquidations. The pattern was similar for Zcash (ZEC), which surged 21% on Friday to reach a year-to-date high of $1,023.<\/p>\n<p>Coinglass data shows the <a href=\"https:\/\/news.bitcoin.com\/altcoins\/zcash-and-moneros-price-rip-higher-as-privacy-coin-markets-roar\/\">surging privacy coin ZEC<\/a> recorded the third-largest daily liquidations at $38 million, trailing only bitcoin and ETH. Over 90% of these were short positions. Other assets with notable liquidation totals included SOL ($26 million), XRP ($23.5 million) and HYPE ($9.7 million).<\/p>\n<p>Overall, crypto-market liquidations climbed to $758 million, with short positions making up $480 million of the total wipeout.<\/p>\n<p>According to a trader\u2019s commentary, the bitcoin price rebound aligned almost perfectly with key levels flagged earlier in the week. BTC dipped to $76,600, held the area and then reclaimed $80,000, but the bounce did not begin with a surge of fresh exchange-traded fund (ETF) inflows. It started with shorts getting caught.<\/p>\n<p>On Sept. 2, bitcoin <a href=\"https:\/\/news.bitcoin.com\/bitcoin-etf\/bitcoin-etfs-inflows-hit-101m-as-xrp-ether-and-solana-lose-funds\/\">ETFs saw net inflows of $101 million<\/a>, a sharp reversal from Tuesday\u2019s $237 million in outflows. Blackrock\u2019s IBIT led with a gain of $115 million, while GBTC continued to bleed, losing $56 million. ETH, SOL and XRP ETF flows were softer, with BTC absorbing most of the renewed allocation.<\/p>\n<p>However,<a href=\"https:\/\/x.com\/eldiform\/status\/2095637741639708867\" target=\"_blank\" rel=\"noopener noreferrer\"> in a post on X<\/a>, Freeman said the strongest signal came from derivatives. Shorts were squeezed aggressively, contributing to roughly $1.4 billion in liquidations over 24 hours, most of it from the short side. BTC open interest remains elevated at approximately $54 billion, showing leverage did not disappear; it returned quickly.<\/p>\n<p>Meanwhile, despite the strong bounce, bitcoin is now testing the top of the same $76,000\u2013$81,000 range that capped prices last week. While the market has tagged this area again, it still needs to prove it can close above it. If $80,000 holds into Friday, Freeman asserts, then $81,500 becomes the level to break. Nevertheless, if the move fades, Thursday\u2019s rally may have been primarily a short-squeeze reaction to macro news.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-spikes-above-82k-after-heavy-short-liquidations\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways On Sept. 3, bitcoin jumped above $82,000 as $250 million in short positions were wiped out. The short squeeze drove broad crypto liquidations to $758 million, spurring a 21% rally in Zcash (ZEC). One analyst says BTC open interest stays at $54 billion, with $81,500 key [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":77710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77709"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77709"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77710"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}