Data: In the past 24 hours, the total liquidation across the network reached 287 million USD, mainly from short positions

By: rootdata|2026/05/21 23:42:49

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 287 million USD, with long liquidations amounting to 115 million USD and short liquidations amounting to 172 million USD.

Among them, the liquidation amount for BTC was 49.4408 million USD (longs 27.0738 million USD, shorts 22.367 million USD), ETH liquidations totaled 49.5382 million USD (longs 26.3298 million USD, shorts 23.2083 million USD), and SOL liquidations amounted to 7.5285 million USD (longs 3.8744 million USD, shorts 3.6541 million USD).

In the past 24 hours, a total of 107,115 people were liquidated, with the largest single liquidation occurring on the BTCUSDT trading pair on Binance, valued at 3.0459 million USD.

On the surface, it seems like a good deal for Hyperliquid with doubled revenue, but in reality, Coinbase has obtained something more valuable: a global distribution channel for USDC. In a situation where it is besieged domestically and locked out by USDT overseas, embedding stablecoins into the larg...

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