Crypto market liquidations reached $2.98 billion in the past 24 hours, the eighth largest liquidation event in history

- According to Lookonchain monitoring, 174,350 traders were liquidated in the past 24 hours.
- Total liquidations across the crypto market reached $2.98 billion.
- The event was described as the eighth-largest crypto liquidation event in history.
- The report was published by PANews on August 20.
PANews reported that, based on Lookonchain monitoring, crypto market liquidations reached $2.98 billion over the past 24 hours. The data also showed that 174,350 traders were liquidated during the same period.
The report said the scale of the liquidations made it the eighth-largest such event in crypto history. No additional cause for the liquidation wave was provided in the text.
For the crypto market, this is potentially bearish in the short term because large liquidation events often reflect elevated volatility and may weaken trading sentiment. The report does not provide direct evidence of spillover effects on stocks, gold, or foreign exchange, so any broader market impact remains neutral based on the available information.
过去24小时加密市场清算额达29.8亿美元,创历史第八大清算事件
PANews 报道称,根据 Lookonchain 的监测,过去24小时内加密市场清算总额达到29.8亿美元。同期共有174,350名交易者被清算。
报道指出,这一规模使其成为加密货币历史上第八大的清算事件。原文没有进一步说明这轮清算的具体原因。
就加密市场而言,这类事件短期内可能偏利空,因为大规模清算通常意味着波动加剧,并可能削弱交易情绪。报道未提供对股票、黄金或外汇市场的直接影响证据,因此从已知信息看,跨市场影响应视为中性。