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On August 22, Canadian Prime Minister Carney announced that Canada's tariff measures against the United States will take effect on September 8. (Jin Ten)
On August 22, Canadian Prime Minister Carney announced that Canada’s tariff measures against the United States will take effect on September 8. (Jin Shi)
On August 22, according to CoinGlass data, the total liquidation amount in the cryptocurrency market reached $1.244 billion in the past 24 hours, with long positions accounting for $744 million and short positions for $500 million. A total of 246,203 individuals were liquidated. Among them, the liquidation amount for BTC was approximately $194 million, for ETH about $277 million, for SOL around $104 million, for XRP about $123 million, for ZEC approximately $66.77 million, and other assets totaled about $479 million in liquidations. The largest single liquidation in the past 24 hours occurred on the BTC-USD trading pair on Hyperliquid, valued at approximately $24.96 million.
On August 22, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $1.244 billion, with long positions accounting for $744 million and short positions for $500 million. A total of 246,203 individuals were liquidated. Among them, the liquidation amounts were approximately $194 million for BTC, $277 million for ETH, $104 million for SOL, $123 million for XRP, and about $66.77 million for ZEC, with other assets totaling approximately $479 million in liquidations. The largest single liquidation occurred on the Hyperliquid BTC-USD trading pair, valued at approximately $24.96 million.
On August 22, Grayscale published an article indicating that this week could mark a turning point for Bitcoin. Historical data shows that Bitcoin typically bottoms out after falling about 80% from its cycle peak. In the recent bear market, Bitcoin has dropped about 50% from its cycle high, which is less than in all previous cycles up to this point. There has been ongoing market speculation about whether Bitcoin will experience a new round of declines in the fourth quarter of 2026. Although risks remain in the market, this week's rise may suggest that Bitcoin has formed a more solid bottom.
On August 22, Grayscale published a statement indicating that this week could mark a turning point for Bitcoin. Historical data shows that Bitcoin typically bottoms out after falling about 80% from its cycle peak. In the recent bear market, Bitcoin has dropped about 50% from its cycle high, which is less than the declines seen in all previous cycles. There has been ongoing market speculation about whether Bitcoin will experience a new downturn in the fourth quarter of 2026. Although risks remain in the market, this week's rise may suggest that Bitcoin has formed a more solid bottom.
Market data shows that TAO has fallen below $220, currently priced at $219.9, with a 24-hour decline of 5.22%. The market is experiencing significant fluctuations, so please ensure proper risk management.
Market data shows that TAO has fallen below $220, currently priced at $219.9, with a 24-hour decline of 5.22%. The market is experiencing significant volatility, so please ensure proper risk management.
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