BREAKING
Crypto markets recorded over $861 million in total position liquidations across a 24-hour window ending August 21, 2026, according to data flagged by CoinTelegraph.
Of that total, $679.5 million came from short positions — meaning traders who had bet on price declines were forced out as markets moved against them. The dominant side of the liquidation event was short, indicating a broad upside move caught bearish traders off guard.
The remaining portion of liquidations, approximately $181.5 million, came from the long side, though the data provided does not break that figure down further by asset or exchange.
Liquidation events of this scale typically reflect sharp, rapid price swings that trigger forced closures of leveraged positions across futures and derivatives markets. The outsized share absorbed by shorts — roughly 79% of the total — points to a significant upward price impulse during the period, though no specific asset or catalyst data was provided in the source information.
For ongoing market data and price coverage, visit CoinTelegraph Markets.
Source: Cointelegraph · Published by CoinsProbe Markets Desk
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