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Network Liquidations Hit $578 Million in 24 Hours, Long Positions Account for $524 Million

GateNews

Derivatives Data

2026-05-23 01:33:54

BTC-3.33%

ETH-4.41%

According to Coinglass data cited by ChainCatcher, $578 million in positions were liquidated network-wide in the past 24 hours, with long liquidations totaling $524 million and short liquidations $53.85 million. Bitcoin long positions accounted for $210 million in liquidations, while Ethereum long positions saw $139 million liquidated. Over 124,777 traders were liquidated during the period, with the largest single liquidation worth $32.44 million.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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