$563M in crypto longs liquidated in 24 hours, biggest wipeout since February
A significant liquidation event in the cryptocurrency market saw $563 million in leveraged long positions wiped out in just 24 hours. Ethereum traders were particularly affected, with $244 million in forced closures. This marks the largest single-day liquidation since February, highlighting the volatility in crypto markets.
- ▪$563 million in leveraged long positions were liquidated in a single day.
- ▪Ethereum accounted for $244 million of the total liquidations, making it the hardest hit.
- ▪Only $65 million in short positions were liquidated during the same period.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/18075033/crypto-liquidations-the-shocking-344m-wipeout-where-longs-to-1-800x420.jpeg" alt="$563M in crypto longs liquidated in 24 hours, biggest wipeout since February" class="w-full aspect-[19/10] object-cover" /> $563M in crypto longs liquidated in 24 hours, biggest wipeout since February Ethereum traders bore the brunt of the carnage, with $244M in forced closures as leveraged bulls got a brutal reality check. Share Add us on Google by Editorial Team May. 18, 2026 More than half a billion dollars in leveraged long positions were wiped out across crypto markets in a single day, catching bullish traders flat-footed in what turned out to be the most painful liquidation event in months.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
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