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Crypto liquidations total $116 million in 24 hours, led by short losses

Crypto liquidations total $116 million in 24 hours, led by short losses

Coinglass data shows about $75.85 million in short liquidations versus $39.80 million in longs over the past day, contrasting with an earlier larger selloff that had hit bullish positions harder.

Fact Check
The BlockBeats flash dated July 18, 2026 confirms the exact figures in the claim, citing Coinglass: $116 million total 24-hour liquidations, $39.80 million longs, $75.85 million shorts (predominantly short). The panewslab and cryptobriefing sources corroborate the claim's framing that an earlier, larger selloff (~$426-432M) had hit long/bullish positions harder. All key numbers, direction (short-led), attribution (Coinglass), and comparative context are verified.
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Summary

Crypto derivatives markets saw about $116 million in liquidations over the past 24 hours, according to Coinglass, with short positions accounting for $75.85 million and long positions totaling $39.80 million. The imbalance indicates traders betting on lower prices absorbed most of the forced closures as the market moved against bearish positions. This contrasts with an earlier 24-hour liquidation wave of more than $432 million, reported by Phemex News citing CoinGlass data, in which roughly $365 million came from longs and about $66.8 million from shorts.

Terms & Concepts
  • liquidations: Forced closure of leveraged trading positions when losses breach exchange risk limits.
  • short positions: Trades that profit if an asset’s price falls and lose money when it rises.
  • long positions: Trades that profit if an asset’s price rises and lose money when it falls.