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Over $1.244 Billion Liquidated in 24 Hours, Majority in Long Positions

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.

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