According to BlockBeats, the cryptocurrency market experienced a significant liquidation event on July 10th. Data from Coinglass reveals that in the past 24 hours, a total of $97.38 million was liquidated across the network. The liquidation was divided into two categories: long positions and short positions. Long positions, or 'buy' orders, accounted for $39.7 million of the total liquidation. On the other hand, short positions, also known as 'sell' orders, made up $57.67 million. This event indicates a considerable fluctuation in the cryptocurrency market, affecting both buyers and sellers. The data underscores the volatility inherent in cryptocurrency trading, reminding traders to exercise caution and risk management in their transactions.