Bullish
Total Network Liquidations Hit $332M in 24 Hours as Shorts Face $182M Margin Calls
2026-08-06 22:35
Cross-chain liquidations reached $332M over 24 hours, with short positions accounting for $182M. Ethereum and Bitcoin led losses at $61.6M and $59M respectively.
Woofun AI data shows that total network liquidations amounted to approximately $332 million during the past 24 hours. Short positions incurred roughly $182 million in liquidations, while long positions faced about $151 million in forced closures.
Ethereum accounted for approximately $61.5547 million of the total, and Bitcoin represented around $58.955 million in liquidated value.
WOOFUN AI
Impact Assessment · Quick Read
The dominance of short-side liquidations suggests aggressive bearish leverage was unwound, potentially indicating a temporary floor or short-squeeze trigger. With Ethereum and Bitcoin comprising the bulk of losses, volatility remains concentrated in major assets, which may influence broader market sentiment and funding rates.
Generated by WOOFUN AI · For reference only, not investment advice
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