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Over $563.93M in Digital Asset Long Positions Liquidated Overnight as Trump Escalates Iran Rhetoric

GateNews

Derivatives Data Price Volatility Geopolitics Commodities Stocks On-Chain Data

2026-05-18 03:02:26

BTC-1.48%

ETH-3.14%

XRP-2.24%

SOL-2.4%

According to CoinGlass, over $563.93 million in long positions were liquidated across digital asset markets in the past 24 hours on May 18 (Seoul time), marking the largest liquidation in three months since February 9. The selloff was triggered by U.S. President Donald Trump’s hawkish stance on Iran announced on May 17, which reignited Middle East geopolitical tensions and fueled concerns over potential oil price spikes and inflationary pressures.

Bitcoin declined 1.43% to $76,896 over the same period, while Ethereum, XRP, and Solana fell 3.09%, 1.77%, and 1.17% respectively, as elevated U.S. Treasury yields further pressured risk assets.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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