Huoxing Finance reports that, according to Coinglass data, $3.024 billion in total liquidations occurred across the network in the past 24 hours, with $252 million in long positions liquidated and $2.77 billion in short positions liquidated—surpassing the $2.466 billion in short liquidations on October 11 to become the largest short liquidation day in the crypto market in the past two years. Over the past 24 hours, a total of 171,045 traders were liquidated worldwide, with the largest single liquidation occurring on Hyperliquid—BTC-USD, valued at $48.8049 million.
Global crypto liquidations exceed $3 billion in 24 hours
MarsBitShare
Summary
Value investing in crypto faced a turbulent 24-hour period as global liquidations reached $3.024 billion on August 20, 2026, according to Coinglass data. Short liquidations totaled $277 million, while long liquidations amounted to $25.2 million. A total of 171,045 traders were liquidated, with the largest single loss occurring on Hyperliquid-BTC/USD at $48.8049 million. These figures underscore the risks for investors not adhering to a long-term crypto strategy amid sharp market volatility.
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.