According to BlockBeats, the cryptocurrency market experienced a significant liquidation event on July 4th. Data from Coinglass reveals that in the past four hours, a total of $55.83 million was liquidated across the network. The majority of these liquidations were long positions, accounting for $52.93 million, while short positions made up the remaining $2.90 million. This event underscores the volatility inherent in the cryptocurrency market, with significant fluctuations in value occurring frequently. Investors are advised to exercise caution when trading in such a volatile market.
