$488M Liquidated in 24 Hours, Longs Hit Hardest

$488M Liquidated in 24 Hours, Longs Hit Hardest

N
News Editor
2026-08-28 16:57:47
According to Coinglass data cited by BlockBeats, the past 24 hours saw $488 million in total liquidations across the crypto market. Long-position liquidations reached $362 million, while short-position liquidations totaled $126 million. A total of 97,829 traders were liquidated globally.

According to Coinglass data, the crypto market saw $488 million in total liquidations over the past 24 hours, BlockBeats reported on Aug 29. Long positions accounted for $362 million of the liquidations, while short positions totaled $126 million. A total of 97,829 traders were liquidated globally.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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