Bitcoin rose 2% Monday before easing, while crypto liquidations totaled $274.63 million in 24 hours, per CoinGlass.

The move followed a weekend of range-bound trade and kept the price near the $107,000 support area. Bitcoin set an all-time high near $123,000 on Aug. 14 and has drifted lower through late August, a backdrop that framed Monday’s quick jump toward $110,000 before giving back part of the advance.

Across the last day, liquidations skewed toward long positions. CoinGlass recorded $196.08 million in long liquidations against $78.55 million in shorts, with 108,569 accounts closed out. The largest single order occurred on Binance’s ETHUSDT pair at $3.17 million. That profile aligns with spot action over the weekend, when price faded from rallies and forced over-extended longs to exit.

The intraday picture turned in the morning pop. In the most recent four hours, $56.46 million was liquidated, and 83.45% came from shorts, indicating the 2% spike flushed late sellers before the price cooled. The one-hour tally printed $3.33 million, consistent with a contained pace of forced unwinds versus the heavier 12-hour window at $225.61 million, according to CoinGlass.

By exchange over 24 hours, Binance accounted for $105.86 million in liquidations, 72.03% from longs, followed by Bybit at $70.84 million, 78.89% from longs, and OKX at $42.61 million, 62.08% from longs. The distribution shifted in the latest four-hour window as the short side dominated, led by Binance at $19.40 million, 75.09% shorts, OKX at $13.20 million, 88.84% shorts, and Bybit at $10.50 million, 84.64% shorts.

Asset-level flows tracked the same rotation. The 24-hour liquidation heat map showed $69.03 million tied to Ethereum positions and $48.84 million in bitcoin positions, with the Binance ETHUSDT wipeout the day’s largest single print. Concentration in the top two assets framed a relatively orderly backdrop for the broader market, even as intraday swings forced opportunistic positioning to reset.

Spot levels reflected that two-sided trade. Bitcoin changed hands around $109,874 at press time, up 0.95% on the day and 1.47% on the week, with a market value near $2.19 trillion and a circulating supply of about 19.91 million. Ethereum traded near $4,480, up 0.21% on the day and 2.48% on the week, with a market value near $541 billion and circulating supply around 120.7 million.

Monday’s pop capped two weeks of gradual retracement and kept attention on whether spot can continue to hold the $107,000 area that has defined the lower end of the current range.

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