Over $235 Million in Crypto Liquidations in 24 Hours, Shorts Dominate

According to CoinGlass, the global crypto derivatives market saw approximately $235 million in liquidations over the past 24 hours on July 10, with short positions accounting for about $167 million, or roughly 70% of total liquidations. Binance led in liquidation volume with approximately $96 million, representing over 40% of the total. The largest single liquidation occurred on Bitget's BTCUSDT contract, totaling approximately $10.89 million.
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