Yesterday, the total liquidation of short positions across the entire network exceeded 960 million US dollars, marking the highest level in four years.

BlockBeats News Update, July 11th: According to Coinglass data, the total amount of liquidated short positions yesterday (July 10th) reached $9.638 billion, setting a new four-year high.

Additionally, in the last 24 hours, a total of 280,034 individuals were liquidated globally, with the largest single liquidation occurring in HTX-BTC-USDT, amounting to $88.5465 million.