On August 1st, the entire network experienced a long liquidation of 920 million US dollars, marking the largest long liquidation day since February 25th.

By: theblockbeats.news|2025/08/03 11:42:25

BlockBeats News, August 3rd, according to Coinglass data, on August 1st, the entire network long positions were liquidated totaling $9.222 billion, marking the largest long liquidation day since February 25th this year.

It is worth noting that after February 25th, the market went through a consolidation phase lasting over two months.

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