Based on data from Coinglass as of August 9, the cryptocurrency market recorded a total of US$ 375 million in liquidations in the last 24 hours. Of this amount, US$ 75.74 million was in long positions and US$ 299 million in short positions.

Ethereum (ETH) was the most affected asset, accounting for US$ 220 million of the total liquidations. In total, 99,346 traders were liquidated globally.

The largest individual liquidation on OKX occurred in the ETH-USDT-SWAP pair, with an impressive value of US$ 1.06 billion.