In the past 24 hours, the total liquidation across the network has exceeded $3 billion, with over 170,000 people globally being liquidated.</p>

BlockBeats News, August 20th, according to Coinglass data, the total value liquidated across the market in the past 24 hours was $3.024 billion. Among them, long liquidations amounted to $252 million, while short liquidations reached $2.77 billion, surpassing the previous record of $2.4666 billion in short liquidations on May 19, becoming the largest single-day liquidation in the crypto market in nearly two years.

In the last 24 hours, a total of 171,045 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD, amounting to $48.8049 million.