Bitcoin surged 8% to $69,749 on August 19 as a short squeeze liquidated over $1B in bearish positions within an hour, the largest such event

Bitcoin surges 6% above $68,000, triggering a record $1.2B short liquidation as Treasury liquidity fuels the breakout.

Over $2.16 billion in crypto short positions were liquidated in 24 hours as Bitcoin rallied past 5%, triggering one of the largest short squeezes