In the past 24 hours, crypto contract liquidations reached $363 million, over 95,000 traders were forcibly liquidated

CoinFeed July 1 news, CoinGlass data shows, in the past 24 hours global cryptocurrency contract market total liquidations amounted to approximately $363 million, with a cumulative total of 95,682 traders forcibly liquidated, among which long position liquidations were approximately $213 million and short positions approximately $150 million. The largest single liquidation occurred on Binance's ETHUSDT contract, with an amount of approximately $11.3801 million. By exchange breakdown, Binance liquidations of approximately $156 million ranked first, followed by Hyperliquid approximately $76.3484 million, Bybit approximately $46.7062 million, OKX approximately $28.3107 million, and Gate approximately $25.0509 million.