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In the past 24 hours, the entire network has seen $950 million in liquidations, with the majority coming from long positions.

By: theblockbeats.news|2025/08/02 00:51:54

BlockBeats News, August 2nd, according to Coinglass data, in the past 24 hours, the total liquidation across all networks reached 950 million USD, with long liquidations amounting to 858 million USD and short liquidations totaling 91.36 million USD. A total of 202,084 users were liquidated globally, with the largest single liquidation occurring on the Binance platform in the ETHUSD perpetual contract trading pair, amounting to 13.7912 million USD.

In the past 4 hours, there has been a total of $332 million in liquidations across the network, with long positions being the primary liquidated.

The crypto market downturn continues, with Bitcoin dropping below $113,000 earlier this morning.