$126M Liquidated in One Hour: Long Positions Take the Biggest Hit

HKAN | Aug 18

In a dramatic turn of events, the crypto market just witnessed over $126 million liquidated in a single hour, marking one of the most volatile trading sessions this month.

According to market data, the majority of the losses came from long positions, which accounted for $125.18 million of the total liquidations. This suggests that traders betting on higher prices were caught off guard by a sudden market downturn.

Liquidations occur when highly leveraged positions are forcefully closed by exchanges due to insufficient collateral. Such large-scale liquidations often amplify price swings and reflect heightened market uncertainty.

The sharp wipeout highlights the risks of leveraged trading in crypto futures, as even minor price shifts can lead to massive losses. Analysts warn that the scale of these liquidations could spark further volatility in the short term.

Traders are now watching closely to see if the market stabilizes or if another round of liquidations will follow.