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Over $1.244 Billion Liquidated in the Last 24 Hours, Primarily Long Positions

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.

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