Crypto Liquidations on August 28, 2026
$351.9M in leveraged crypto positions was liquidated on August 28, 2026 (UTC), across 66,125 individual events - longs took most of the damage - the pain came on the way down. Measured directly from MarginPad's multi-exchange liquidation feed.
The biggest liquidation of the day
A single ETH long worth $11.7M was force-closed on binance at 16:24 UTC, with the price at $2,431. The median liquidation that day was just $388 and 95% of events were under $17K - liquidation pain is always concentrated in a handful of oversized positions.
When it happened
The heaviest hour was 16:00-17:00 UTC with $156.3M liquidated - liquidation cascades cluster, they don't spread evenly.
By coin
| Coin | Liquidated | Events | Side split |
|---|---|---|---|
| 1. BTC | $148.3M | 10,244 | 70% long |
| 2. ETH | $81.9M | 5,339 | 80% long |
| 3. SOL | $17.5M | 3,114 | 68% long |
| 4. XRP | $12.5M | 2,038 | 82% long |
| 5. ENA | $6.8M | 1,751 | 49% long |
| 6. HYPE | $6.5M | 1,533 | 73% long |
| 7. XAU | $5.7M | 633 | 94% long |
| 8. TRUMP | $5.2M | 2,530 | 62% long |
| 9. XAG | $3.7M | 317 | 78% long |
| 10. DOGE | $3.4M | 740 | 89% long |
By exchange
| Exchange | Liquidated | Events |
|---|---|---|
| binance | $197.6M | 36,534 |
| hyperliquid | $61.2M | 12,367 |
| bybit | $46.7M | 11,939 |
| gate | $31.9M | 3,847 |
| htx | $9.8M | 996 |
| binance-coin | $4.7M | 349 |
| dydx | $135K | 93 |
See it live: real-time liquidation feed · 24h totals · check your own exit with the liquidation calculator or rehearse risk-free on Paper Trade.