Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin drops to $77K after $475M long liquidation following near $80K peak

Technical Signals
22 Aug 2026
CrowdFundInsider
View Source
Bearish
Bitcoin drops to $77K after $475M long liquidation following near $80K peak

Bitcoin surged nearly 30% over five days to almost $80,000 before sharply pulling back to around $77,000 on August 22, 2026. This retracement triggered over $475 million in forced liquidations of long positions due to heavy leverage, wiping out many bullish bets and causing total crypto liquidations of about $547 million. The prior rally was fueled by a short squeeze and supportive macro factors like expanded US Treasury bond buybacks and clearer crypto regulations. Traders are now watching if $77,000 holds as support amid ongoing volatility driven by high leverage in crypto derivatives markets.

More News (BTC)

Bitcoin briefly hits $83K as $45M in short positions are liquidated amid volatile trading.

Bitcoin briefly hits $83K as $45M in short positions are liquidated amid volatile trading.

Bitcoin surged past $83,000 on October 20, reaching a peak of $83,335 and pushing its market cap near $1.67 trillion despite volatile swings between $81,200 and $82,000. Short sellers faced significant losses, accounting for about 60% ($45.7 million)...

Market News
Neutral
4 hours ago
Bitcoin dips below $80,000, hitting key support after 8.7% drop from September peak.

Bitcoin dips below $80,000, hitting key support after 8.7% drop from September peak.

Bitcoin fell to $79,775 last week, dropping below the previous week's low of $80,400 and highlighting a technical support range between $78,000 and $80,500. This decline represents an 8.72% decrease from its September 21 high of $87,399, which follow...

Technical Signals
Bearish
4 hours ago
Investors flee altcoins, seeking safety in Bitcoin amid market volatility and US inflation concerns.

Investors flee altcoins, seeking safety in Bitcoin amid market volatility and US inflation concerns.

Wintermute, a leading crypto market maker, reports investors are moving capital from altcoins to Bitcoin as US inflation rises to 3.7%, causing tech stocks like Nasdaq to fall. Bitcoin is holding above $82,500 despite pressure, acting as a defensive ...

Market News
Neutral
4 hours ago
Bitcoin holds steady amid stock market pressure but may soon break down with market trends.

Bitcoin holds steady amid stock market pressure but may soon break down with market trends.

Bitcoin's price is currently stable within a rising channel but faces potential breakdown soon as technical indicators suggest downward movement. Despite strong inflation data and rising bond yields impacting the U.S. stock market negatively, Bitcoin...

Technical Signals
Neutral
7 hours ago
Ondo (ONDO) rises 6.6% but faces uncertain recovery amid weak momentum and Bitcoin ETF outflows.

Ondo (ONDO) rises 6.6% but faces uncertain recovery amid weak momentum and Bitcoin ETF outflows.

Ondo (ONDO) rebounded 6.6% from a recent low but remains vulnerable due to a 10% weekly decline and weak momentum signals. Bitcoin also fell 2.1% last week, and the overall altcoin market dropped nearly 8%. Bitcoin spot ETFs saw significant outflows,...

Technical Signals
Neutral
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App