In the past 24 hours, the entire network has liquidated $348 million, both long and short positions have exploded

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According to TechFlow, on July 8, according to Coinglass data, the total amount of liquidation in the entire network in the past 24 hours reached 348 million US dollars, of which the short position liquidation amount was 186 million US dollars and the long position liquidation amount was 162 million US dollars; the Bitcoin liquidation amount was 159 million US dollars, and the Ethereum liquidation amount was 634.909 billion US dollars; a total of 86,306 people were liquidated, and the largest single liquidation order occurred in OKX's BTC-USDT-SWAP, worth 22.235 million US dollars.