BlockBeats reported on Aug. 22, citing Coinglass data, that the crypto market suffered a flash crash and $523 million in liquidations were recorded across the network in the past hour. Long positions accounted for $448 million of that total, while short positions made up $74.7592 million. Over the past 24 hours, 286,130 people were liquidated worldwide, with total liquidations reaching $1.801 billion. The largest single liquidation took place on Hyperliquid in BTC-USD, worth $24.96 million.
BlockBeats reported on Aug. 22, citing Coinglass data, that the crypto market suffered a flash crash and $523 million in liquidations were recorded across the network in the past hour.
Long positions accounted for $448 million, while short positions totaled $74.7592 million.
Over the past 24 hours, 286,130 people were liquidated worldwide, with total liquidations reaching $1.801 billion.
The largest single liquidation occurred on Hyperliquid in BTC-USD, worth $24.96 million.
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