Over $19 Billion in Leveraged Positions Liquidated in a Single Day, Setting a Crypto Market Record
2026-08-15 11:32
Odaily Planet Daily News From October 10 to 11, 2025, after US President Donald Trump announced a 100% tariff on Chinese imported goods, approximately $19 billion in leveraged positions in the crypto market were liquidated within 24 hours, involving over 1.6 million traders, with long positions accounting for about $16.7 billion.
Open interest in perpetual contracts on major exchanges dropped 43% in a single day, falling from $217 billion to $123 billion; Hyperliquid, a decentralized derivatives exchange, saw its open interest decline 57%, from $14 billion to $6 billion. Market makers estimate that the actual scale of liquidations may have reached $30 billion to $40 billion.
On January 20, 2026, positions worth $1.08 billion belonging to more than 182,000 traders were liquidated. On February 1, approximately $2.2 billion in positions were liquidated within 24 hours, with Ethereum, Bitcoin, and Solana accounting for $961 million, $679 million, and $168 million respectively, with long positions representing about 80% to 85% of the total. (Bitcoin.com News)
Open interest in perpetual contracts on major exchanges dropped 43% in a single day, falling from $217 billion to $123 billion; Hyperliquid, a decentralized derivatives exchange, saw its open interest decline 57%, from $14 billion to $6 billion. Market makers estimate that the actual scale of liquidations may have reached $30 billion to $40 billion.
On January 20, 2026, positions worth $1.08 billion belonging to more than 182,000 traders were liquidated. On February 1, approximately $2.2 billion in positions were liquidated within 24 hours, with Ethereum, Bitcoin, and Solana accounting for $961 million, $679 million, and $168 million respectively, with long positions representing about 80% to 85% of the total. (Bitcoin.com News)
