Huo Xing Finance reports that, according to Coinglass data as of August 20, the total liquidations across the network over the past 24 hours amounted to $2.975 billion, with short positions accounting for over $2.7 billion—surpassing the previous record of $2.466 billion in short liquidations on October 11, making it the largest short liquidation day in the crypto market in the past two years.
Crypto market sees $270M in short liquidations over 24 hours, largest since 2024
MarsBitShare
Summary
Market trends show $297.5 million in crypto liquidations over 24 hours as of August 20, 2026, with $270 million from short positions, surpassing the October 2024 record of $246.666 million. Value investing in crypto remains a priority amid sharp price fluctuations. Coinglass data confirms this as the largest day for short liquidations in two years.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.