Over $871M in crypto longs liquidated in past 24 hours as tariff fears rattle markets
The crypto market experienced significant turmoil with over $871 million in long positions liquidated in just 24 hours. This sell-off was primarily triggered by tariff threats from the Trump administration, which created uncertainty among traders. Bitcoin and Ethereum were the most affected, with liquidations concentrated heavily in long positions.
- ▪Over $871 million in crypto long positions were liquidated in a 24-hour period.
- ▪Approximately 249,000 traders were caught in the liquidation event.
- ▪Bitcoin liquidations totaled around $224 million, while Ethereum saw about $121 million in liquidations.
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Over $871M in crypto longs liquidated in past 24 hours as tariff fears rattle markets Nearly 249,000 traders got caught on the wrong side of a leverage-fueled wipeout triggered by fresh Trump administration tariff threats against the EU. Share Add us on Google by Editorial Team May. 23, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The crypto futures market just had one of those days.
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