$6.64 billion in futures liquidations across crypto markets in 24 hours

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According to the latest crypto market update, MyToken data citing MetaEra reports $6.64 billion in futures liquidations across crypto markets in the past 24 hours as of August 7 (UTC+8). Bitcoin (BTC) led with $117.65 million in liquidations, followed by Ethereum (ETH) at $108.02 million. Solana (SOL) and XRP recorded $8.68 million and $2.45 million in liquidations, respectively. These figures come amid ongoing concerns over inflation data impacting global markets.

According to MyToken data, as of August 7 (UTC+8), the total liquidations across the cryptocurrency derivatives market in the past 24 hours amounted to $66.38 billion. BTC liquidations totaled $11.765 million, ETH liquidations totaled $10.8016 million, SOL liquidations totaled $867,700, and XRP liquidations totaled $245,200. (Source: MyToken)

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