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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.

A certain whale lost over $10 million in the past week. They held a 40x Bitcoin short position and deposited $8 million USDC in the past 24 hours to average down.

Greenland Holdings responds to rumors about virtual assets: the revenue of the subsidiary involved accounts for less than 1%