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TechFlow news, August 1: According to data from analytics platform Glassnode, despite Bitcoin dropping 3.2% and Ethereum falling 6%, market liquidations remained low at $110 million and $132 million respectively. Position holdings pulled back slightly, indicating that this round of correction was primarily driven by the spot market rather than the derivatives market.
According to data from analytics platform Glassnode, despite Bitcoin falling 3.2% and Ethereum dropping 6%, market liquidations remained low at $110 million and $132 million respectively. Position holdings saw only a slight pullback, indicating that this round of correction was primarily driven by the spot market rather than the derivatives market.
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