ME News reports that, as of July 31 (UTC+8), according to MyToken data, the total liquidations across the cryptocurrency derivatives market in the past 24 hours amounted to $104 million. BTC liquidations totaled $10.9259 million, ETH liquidations totaled $34.1736 million, SOL liquidations totaled $5.2866 million, and XRP liquidations totaled $1.7931 million. (Source: MyToken)
$104 million in crypto futures liquidations in 24 hours
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Summary
Inflation data released on July 31 revealed $104 million in crypto futures liquidations over 24 hours, according to MyToken. BTC accounted for $10.93 million in liquidations, ETH for $34.17 million, SOL for $5.29 million, and XRP for $1.79 million. Crypto news platforms such as ME News cited MetaEra as the source for these figures. Traders are closely monitoring how inflation data affects market stability.
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