#CryptoLiquidations2026

Nearly $800 Million Liquidated in 24 Hours as Long Positions Take the Hit
Over the past 24 hours, global cryptocurrency markets have seen a sharp wave of forced liquidations, affecting 212,177 traders worldwide and totaling approximately $798 million in value. Data shows that long positions accounted for the majority of the liquidated amount, reflecting heightened downside pressure across the market.
The largest single liquidation during this period occurred on Hyperliquid’s BTC-USD trading pair, where one position was wiped out for a value of $31.64 million. This highlights the elevated leverage and volatility currently present in Bitcoin derivatives trading.
Such large-scale liquidation events typically coincide with rapid price movements, catching over-leveraged traders off guard and amplifying short-term volatility. The dominance of long liquidations suggests that many market participants were positioned for upside continuation before the sudden market pullback.
As leverage continues to build during periods of uncertainty, traders are increasingly cautious, closely monitoring price action and liquidity conditions to manage risk amid an environment of heightened market sensitivity.
#CryptoLiquidations2026