TechFlow reported on July 1 that according to Coinglass data, the total liquidation amount in the cryptocurrency derivatives market across all platforms reached $113 million within the past 24 hours, with 36,267 traders liquidated. Long positions accounted for $32.45 million in liquidations, while short positions accounted for $80.26 million. The total liquidation amount for BTC was approximately $40.08 million, and for ETH it was $24.24 million. The largest single liquidation occurred on Binance's BTCUSDC pair, valued at $4.39 million.
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