According to TechFlow, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $428 million over the past 24 hours as of July 29. Long positions accounted for $339 million of the liquidations, while short positions made up $89.3 million. A total of 163,188 traders were affected globally, with the largest single liquidation occurring on a centralized exchange (CEX) in the BTCUSDT pair, valued at $1.686 million.

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