Major cryptocurrencies including Bitcoin, Ether, and Solana moved higher as the market wiped out another $1 billion in short positions. This recent market action brings the total short liquidations over a two-day period to approximately $3.8 billion. The wave of liquidations follows Thursday's figures, which established a new record not seen since 2021. Traders who bet against the price of these digital assets were forced to buy back in as the market unexpectedly rallied, pushing the prices of Bitcoin, Ether, and Solana even higher. For anyone trading crypto on mobile apps in Mogadishu or Hargeisa, this rapid $3.8 billion wipeout is a direct example of how quickly borrowed funds can vanish when betting against sudden market jumps.