Crypto Wipes $2.7B in Shorts as Bitcoin Rips 22% in a Week

SpendNode Podcast: Crypto News & Analysis · Aug 22, 2026 · 4m

A 72-hour squeeze wiped $2.7B in short positions as Bitcoin climbed to $77,285 and XRP jumped 6.8% in a day. The leverage math behind the move, as of August 22, 2026. Read the full article: https://www.spendnode.io/blog/crypto-2-7-billion-shorts-liquidated-72-hours-august-2026/