glassnode: This Round of Downside had a relatively small liquidation size, indicating that it was primarily driven by the spot market.

BlockBeats News, August 1st, according to the analysis platform Glassnode, despite Bitcoin's 3.2% drop and Ethereum's 6% drop, the market liquidation scale remained at a low level, only $110 million and $132 million. The slight decrease in open interest indicates that this round of correction is mainly driven by the spot market rather than the derivatives market.