---
title: "Bitcoin pump to $63,700 triggers the most short liquidations since late April"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289011119.md"
description: "Bitcoin's rebound to $63,700 triggered $504 million in short liquidations, the largest since late April. Total crypto liquidations hit $655 million, affecting over 104,000 traders. Bitcoin subsequently eased to $62,900 amid Middle East tensions and ahead of U.S. inflation data."
datetime: "2026-06-08T06:35:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289011119.md)
  - [en](https://longbridge.com/en/news/289011119.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289011119.md)
---

# Bitcoin pump to $63,700 triggers the most short liquidations since late April

-   Bitcoin’s sharp rebound from last week’s lows triggered about $504 million in losses for short sellers over 24 hours, the largest daily hit since late April.
-   Total crypto liquidations reached roughly $655 million and affected more than 104,000 traders, with bitcoin and ether positions accounting for the bulk of forced closures.
-   After briefly climbing near $63,800 over the weekend and touching $63,700 Monday, bitcoin eased to around $62,900 amid renewed Middle East tensions and ahead of key U.S. inflation data and major IPOs.

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