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#GlobalCrypto $USDC $USD1 Global Liquidations Reach $509 Million in 24 Hours In the past 24 hours, global cryptocurrency markets experienced a sharp wave of liquidations, totaling $509 million, according to Coinglass data cited by Odaily binance.com+1cryptorank.io+1chaincatcher.com+9binance.com+9binance.com+9. Of this total, leveraged traders holding long positions accounted for $382 million, while liquidation of short positions reached $127 million chaincatcher.com+2binance.com+2bitget.com+2. This intense episode underscores the elevated volatility currently gripping crypto markets. With long positions dominating the fallout, it's likely that a significant run-up triggered automatic sell-offs, catching bulls unprepared. Conversely, the $127 million wiped out from short trades points to a considerable bounce in prices—forcing bearish bets to collapse as the market rebounded. Such massive liquidations usually signal temporary turbulence, but they also pave the way for renewed trend formation. Traders should take note: when leverage unwinds at this scale, rapid price swing often follows. Risk management is crucial—tightening stop-loss strategies and reducing exposed capital can shield portfolios from future liquidation cascades. Looking ahead, market watchers will track whether this shakeout ushers in fresh momentum—be it bullish retracement or further downturn. Staying informed with real-time metrics like Coinglass heatmaps and Odaily reports can offer valuable insight into the next major move.

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#BNB Here are the latest updates on Binance and its native token BNB: 🛠️ Scheduled Maintenance for BNB Smart Chain Binance has announced a scheduled wallet maintenance for both BNB Smart Chain and opBNB Chain on July 23, 2025, starting at 11:00 AM UTC+8, lasting about 30 minutes. During this time, withdrawals will be temporarily disabled, though trading activities remain unaffected Binance+13Binance+13Binance+13. This is a routine operation aimed at enhancing system reliability and security, expected to have negligible market impact Binance. 🚀 BNB Hits New All‑Time High! $800+ Milestone: BNB soared past $800 on July 23 — reports vary between $800–801 Cointribune. Explosive Growth: In the past week, BNB rose ~16%; month-to-date gain ~30%; YTD gain 300% since its October 2023 low ($200) CoinDesk+14CryptoPotato+14Binance+14. Market Cap: Now around $111–112 billion, roughly on par with companies like Nike CryptoPotato. Driving Forces: Institutional inflows: Notably, Nasdaq-listed Nano Labs acquired about 120k BNB (~$90 million), purchased OTC at ~$764/token CryptoPotato. Broader altcoin rally: Bitcoin, Ethereum, and XRP have also surged, positively influencing BNB CryptoPotato. Technicals: BNB overcame resistance at ~$780, with coin burns and ecosystem expansion bolstering support Binance+15Cointribune+15Binance+15. 🔎 Summary & What’s Next AspectSummaryMaintenanceTemporary withdrawal pause today (~30 min); trading unaffected.Price MilestoneAll-time high at ~$800–801, with strong market sentiment.Market DriversInstitutional buys (e.g., Nano Labs), altcoin momentum, technical breakouts.OutlookBullish trend — if demand holds and no major BTC pullback, BNB could push higher; potential support around ~$764–780 if corrections occur $BNB $XRP

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