Crypto Liquidations Near $1 Billion During Bitcoin’s Rebound Above $80,000
Bitcoin rose above $80,000 as 24-hour crypto liquidations approached $1 billion, according to BeInCrypto and Coinglass data.
Bitcoin rose above $80,000 as 24-hour crypto liquidations approached $1 billion, according to BeInCrypto and Coinglass data. Bitcoin (BTC) is trading at $80,413.00. This is an original TLT brief based on reporting by BeInCrypto, with live market data added, as of Thu, 05 Nov 2026 06:45:02 UTC.
The scale of liquidations shows how market positioning can amplify short-term volatility around Bitcoin’s move above $80,000. Traders positioned for further declines accounted for most of the reported losses.
- Crypto liquidations reached $974.80 million over 24 hours
- Short positions accounted for most reported liquidations
- Bitcoin traded at $80,423, up 4.12% over 24 hours
- Total crypto market capitalization stood at $2.76 trillion
Crypto liquidations totaled $974.80 million over 24 hours as the broader market advanced, according to BeInCrypto’s report citing Coinglass data. The liquidations came as 
Bitcoin moved above the psychologically significant $80,000 level, with downside-oriented traders accounting for most of the reported losses.
BeInCrypto Markets reported that Bitcoin had climbed 4.64% in 24 hours to $80,480 at the time of its coverage. The live market snapshot placed BTC at $80,423, up 4.12% over 24 hours and 0.89% over seven days, keeping the asset near the same area.
The total crypto market was broadly higher during the period, with aggregate capitalization reaching $2.76 trillion. The Fear & Greed index stood at 50, classified as Neutral, while Bitcoin’s $1.62 trillion market capitalization represented the largest measured segment of the broader market. The available coverage did not identify a separate catalyst for the move above $80,000.
The combination of a sharp daily advance and nearly $1 billion in liquidations highlights the sensitivity of leveraged crypto positions during abrupt market moves. With sentiment still reading Neutral and Bitcoin holding around $80,000, traders will be watching whether that level holds alongside the scale and direction of further liquidations. No price forecast is implied by the current data.
Since this brief published about 5 hours ago, Bitcoin (BTC) has moved from $80,423.00 to $80,413.00 — -0.01%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $55,000 by December 31, 2026?
Crowd-implied probability on Polymarket, $120.33K 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 5 05:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦111.20M (about $80,413.00), up 3.3% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Crypto Liquidations Near $1 Billion During Bitcoin’s Rebound — questions & answers
How much crypto was liquidated over 24 hours?
BeInCrypto, citing Coinglass data, reported $974.80 million in crypto liquidations over 24 hours.
Which traders accounted for most reported liquidations?
Traders who had positioned themselves for further price declines accounted for most of the losses, according to the report.
Where was Bitcoin trading during the liquidation surge?
The live market data showed Bitcoin at $80,423, up 4.12% over 24 hours and 0.89% over seven days.
How much is 1 Bitcoin worth in naira today?
About ₦111.20M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,413.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from BeInCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.