---
title: "Bitcoin’s Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations"
url: https://thecoingazette.com/bitcoins-sharpest-rally-in-two-years-ran-almost-entirely-on-short-liquidations/
date: 2026-09-19
modified: 2026-09-19
lang: en
author: "Coin Gazette Editorial"
description: "A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar."
categories:
  - "Markets"
word_count: 27
---

# Bitcoin’s Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations

A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.