$815,420,000 in Bitcoin and Crypto Liquidated As BTC Surges Above $78,000

$815,420,000 in Bitcoin and Crypto Liquidated As BTC Surges Above $78,000

Traders betting against Bitcoin and crypto are witnessing a cascade of liquidations as Iran announces the Strait of Hormuz is fully open to commercial shipping. In the last 24 hours, a whopping $815.42 million in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass. The vast majority of the liquidations hit traders going short, coming in at $661.93 million. Markets at large are rising in a sweeping relief rally as President Trump signals strong progress toward a landmark deal with Iran, dialing back fears of energy supply shocks and igniting fresh risk-on appetite. BTC has surged from a 24 hour low of $74,695 to as high as $78,232, and has landed at $77,537 at time of publishing. Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3. Bitcoin • Ethereum • Trading • Altcoins • Futuremash • Financeflux • Blockchain • Regu

Source: https://dailyhodl.com/2026/04/17/815420000-in-bitcoin-and-crypto-liquidated-as-btc-surges-above-78000/