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Liquidations totaled $701 million in the last 24 hours, with the majority coming from a long squeeze.

Liquidations totaled $701 million in the last 24 hours, with the majority coming from a long squeeze.

BlockBeatsBlockBeats2026/05/28 03:27

BlockBeats News, May 28th, the crypto market remained weak. According to Coinglass data, the total amount liquidated across all exchanges in the past 24 hours was $701 million. Of this amount, long positions liquidated accounted for $648 million, while short positions liquidated were $53.59 million.

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