Yesterday, the total liquidation of short positions across the entire network exceeded 960 million US dollars, marking the highest level in four years.

By: theblockbeats.news|2025/07/11 12:21:54

BlockBeats News Update, July 11th: According to Coinglass data, the total amount of liquidated short positions yesterday (July 10th) reached $9.638 billion, setting a new four-year high.

Additionally, in the last 24 hours, a total of 280,034 individuals were liquidated globally, with the largest single liquidation occurring in HTX-BTC-USDT, amounting to $88.5465 million.

In the context of a tightening funding environment and an extended token issuance cycle, pre-TGE trading activity is evolving from scattered attempts into a "1.5-level market" that connects the primary and secondary markets, gradually becoming an undeniable independent market layer within the crypto industry.

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