According to TechFlow, on August 1, according to Coinglass data, the total contract liquidation amount in the cryptocurrency market in the past hour was US$63.656 million, of which long orders were liquidated for US$62.8255 million and short orders were liquidated for US$830,500; the total amount of BTC liquidation was US$16.4042 million, and the total amount of ETH liquidation was US$20.9594 million.