Crypto market liquidations reached $995 million over the past 24 hours, according to data from Coinglass cited by BlockBeats on Aug. 23. Long positions accounted for the bulk of the wipeout at $721 million, while short positions made up $274 million. In total, 214,000 traders were liquidated worldwide during the period. The figures point to a sharp wave of forced position closures across the broader market within a single day. BlockBeats attributed the data to Coinglass in its brief market update.
Crypto liquidations across the market totaled $995 million over the past 24 hours, according to Coinglass data cited by BlockBeats on Aug. 23.
Of that amount, long liquidations came in at $721 million, while short liquidations reached $274 million. A total of 214,000 traders were liquidated worldwide over the same period.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
