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Crypto market sees $684M liquidations in 24 hours, shorts hit hardest amid volatile price swings.

Market News
11 Sep 2026, 19:08 WIB
Crypto Briefing
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Crypto market sees $684M liquidations in 24 hours, shorts hit hardest amid volatile price swings.

Over $684 million in leveraged crypto positions were liquidated within 24 hours, with short sellers facing $422 million in forced closures compared to $261 million from longs. Ethereum led liquidations with $262 million, surpassing Bitcoin's $182 million, amid volatile trading and macroeconomic pressures like rising inflation and shifting Fed rate expectations. This sharp reversal punished traders betting on price drops, causing a significant forced buying of assets. While notable, such liquidation events have occurred before in 2026 during high volatility periods, signaling ongoing market sensitivity to macro factors.

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