Huo Xing Finance reports that, according to Coinglass data as of August 22, $1.675 billion in total liquidations occurred across the network in the past 24 hours, including $858 million in long positions and $816 million in short positions. A total of 283,359 users worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid—BTC-USD, valued at $24.96 million.
Global liquidations reach $1.675 billion in 24 hours, with both longs and shorts equally affected.
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Summary
As of August 22, 2026, global crypto liquidations reached $1.675 billion within 24 hours, according to Coinglass. Long and short positions were nearly balanced, with losses of $858 million and $816 million, respectively. Over 283,000 traders were impacted, with the largest liquidation—$24.96 million—occurring on Hyperliquid’s BTC-USD pair. Traders are now closely monitoring key support and resistance levels following the sharp price movement. Value investing in crypto remains a priority as volatility tests market resilience.
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