$296 Million Liquidated Across Crypto Market in Past 24 Hours, Both Longs and Shorts Hit

August 28, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $296 million, with long positions liquidated at $156 million and short positions at $140 million, affecting 73,960 traders.

Among them, BTC liquidations totaled approximately $108 million, ETH around $47.5134 million, SOL about $30.1806 million, XRP roughly $10.6854 million, ZEC approximately $5.1707 million, and other assets combined for about $24.1971 million. The largest single liquidation order in the past 24 hours occurred on the BTC-USD trading pair on Hyperliquid, valued at $2.1862 million.

[TechFlow]