Huo Xing Finance reports that, according to Coinglass data as of August 23, $995 million in total positions were liquidated across the network in the past 24 hours, including $721 million in long positions and $274 million in short positions, affecting a total of 214,000 users worldwide.
Over $995 million in liquidations reported globally in 24 hours
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Summary
Over $995 million in crypto liquidations hit global markets within 24 hours as of August 23, 2026, according to Coinglass data. Long positions accounted for $721 million, while short positions totaled $274 million. Approximately 214,000 traders were liquidated. Amid market volatility, value investing in crypto remains a key focus for many. A long-term crypto strategy helps traders navigate volatility and avoid forced exits.
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