According to TechFlow, on July 1, according to Coinglass data, the total contract liquidation amount in the cryptocurrency market in the past 24 hours reached 113 million US dollars, and a total of 36,267 people were liquidated. Among them, the liquidation amount of long orders was 32.454 million US dollars, and the liquidation amount of short orders was 80.2564 million US dollars. The total liquidation amount of BTC was about 40.0791 million US dollars, and the total liquidation amount of ETH was 24.2386 million US dollars. The largest single liquidation occurred in the BTCUSDC trading pair on the Binance platform, with a value of 4.3869 million US dollars.