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glassnode: The current downturn experienced a relatively low liquidation volume, indicating that it was primarily driven by the spot market.

By: theblockbeats.news|2025/08/01 09:42:17

BlockBeats News, August 1st, according to the analysis platform glassnode data, despite Bitcoin falling by 3.2% and Ethereum falling by 6%, the market liquidation scale remained at a low level, only $110 million and $132 million. The slight withdrawal of open interest indicates that this round of correction is mainly driven by the spot market rather than the derivatives market.

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