In the past 24 hours, the entire network has liquidated $1.675 billion, experiencing a double whammy of long and short liquidations.

BlockBeats News, August 22nd, according to Coinglass data, the total liquidation in the past 24 hours was $1.675 billion, with long liquidations totaling $858 million and short liquidations totaling $816 million.

A total of 283,359 accounts were liquidated globally, with the largest single liquidation order occurring on Hyperliquid - BTC-USD worth $24.96 million.