Over $1.408 Billion in Crypto Contract Liquidations in Past 24 Hours, Mainly Shorts

August 21 news, CoinGlass data shows that over the past 24 hours, the total crypto market contract liquidations reached $1.408 billion, with 154,189 traders globally liquidated. Among them, long position liquidations totaled $181 million, while short position liquidations amounted to $1.227 billion. BTC liquidation volume was approximately $900 million, and ETH liquidation volume was about $236 million. The largest single liquidation order occurred on Hyperliquid for BTC-USD, valued at $25.1387 million.