Crypto Futures Liquidations Hit $391M in 24 Hours; 131K Traders Wiped Out

According to Coinglass data cited by ChainCatcher, $391 million in crypto futures positions were liquidated in the past 24 hours on July 8, with long liquidations accounting for $287 million and short liquidations $104 million. The liquidations affected 131,611 traders, with the largest single position of $7.2448 million occurring on Binance's ETHUSDT pair.
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