$SQUID
Heating UpSnapshot Window: 2026-08-28 00:40 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 0, Retweets: 0, Likes: 0, Impressions: 9
Verbatim Community Citations & Social Evidence 1 source posts analyzed
Bitcoin just logged the biggest short-liquidation day since 2019, and used the squeeze to run 26% off the mid-August low while the S&P finished the week in the red. The bid was real: $2.23B into spot ETFs over that window, coins leaving exchanges, every wallet cohort from shrimp
![]()
AI visual note: A Glassnode futures liquidation heatmap of BTC price from April to August 2026 shows a dramatic short-squeeze rally, with Bitcoin surging roughly 26% from the ~$60K mid-August low to over $80K by August 23, triggering massive liquidation clusters (highlighted by the white dotted ellipses) along its upward path.