CryptoBriefing and Coindoo both cite CoinGlass for the same short-squeeze liquidation event but report different totals for liquidations, short liquidations, traders affected, and Bitcoin's share.

CryptoBriefing and Coindoo both cite CoinGlass for the same short-squeeze liquidation event but report different totals for liquidations, short liquidations, traders affected, and Bitcoin's share.

What all sources agree on

  • The event was a short-squeeze liquidation cascade tied to a crypto price rally.

  • Short liquidations made up the large majority of total liquidations, above 90%.

  • The data is sourced to Coinglass/CoinGlass.

  • The reported window covers a 24-hour period.

  • Bitcoin was among the largest contributors to the liquidation total.

Where the reports disagree

1Total liquidations over the 24-hour period

Total liquidations reached approximately $2.37 billion, with $2.16 billion in short liquidations and roughly 148,000 traders liquidated.

CryptoBriefing 2026-08-19 21:27

Crypto derivatives positions worth $2.99 billion were forcibly closed over 24 hours, affecting 170,001 traders, according to CoinGlass data.

Coindoo 2026-08-20 06:23

What would settle it: CoinGlass's own historical liquidation dataset for the August 19-20, 2026 window.

2Short liquidation total

Over $2.16 billion in short positions were liquidated across derivatives markets in a single 24-hour stretch

CryptoBriefing 2026-08-19 21:27

Short positions accounted for $2.74 billion of the total, while long liquidations reached $254.48 million.

Coindoo 2026-08-20 06:23

What would settle it: CoinGlass's own historical liquidation dataset for the August 19-20, 2026 window.

3Number of traders liquidated

More than 148,000 traders got caught on the wrong side of the trade.

CryptoBriefing 2026-08-19 21:27

affecting 170,001 traders, according to CoinGlass data

Coindoo 2026-08-20 06:23

What would settle it: CoinGlass's own historical liquidation dataset for the August 19-20, 2026 window.

4Bitcoin-specific liquidation figure

BTC short liquidations alone reaching around $1.20 billion.

CryptoBriefing 2026-08-19 21:27

Bitcoin accounted for $1.42 billion in liquidations

Coindoo 2026-08-20 06:23

What would settle it: CoinGlass's own asset-level liquidation breakdown for Bitcoin over the same window, noting CryptoBriefing's figure is described as short-only while Coindoo's is described as a total.

What to make of it

Treat the existence of a large, shorts-dominated liquidation event as established, but do not rely on any single dollar figure, trader count, or Bitcoin-specific number until CoinGlass's own dataset for the period is checked directly.

Treat the existence of a large, shorts-dominated liquidation event as established, but do not rely on any single dollar figure, trader count, or Bitcoin-specific number until CoinGlass's own dataset for the period is checked directly.

Originally reported by AltcoinGordon, written by Ethan Mercer. Republished with permission.

View the original on AltcoinGordon →

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