In the last 24 hours, $759 million in liquidations occurred across the entire network, affecting over 180,000 people🔥
According to BlockBeats news on August 1, based on Coinglass data, $759 million in liquidations occurred across the network in the past 24 hours, with liquidations of long positions totaling $707 million.
In addition, in the last 24 hours, a total of 184,883 people were liquidated worldwide, with the largest single liquidation occurring on Binance - ETHUSD_PERP worth $13.7912 million.
Currently, the market is maintaining a sideways consolidation, and many friends' long positions are likely trapped, causing their mindset to waver. In fact, this is a typical accumulation phase before data release — the market is waiting for tonight's non-farm payroll data, and once it is released, the market may experience significant volatility, with sudden spikes triggering stop losses and igniting a new round of market movement.
📊 If you have trapped positions and don’t know whether to add to your position or cut losses, or if you are unsure how to respond after tonight's data release, don’t hesitate to call Zizi. I will help you review the situation and plan a strategy for the non-farm payroll release in advance💪💪
