PANews reported on September 4th that according to the latest data from Coinglass, 94,649 individuals worldwide experienced margin calls in the past 24 hours, totaling $225 million. The largest single liquidation occurred on Binance, involving the WLFI/USDT pair, with a total liquidation amount of $2.3442 million. WLFI is currently trading at $0.183, having fallen to a low of $0.1776, a 24-hour drop of 19.3%.

In the past four hours, ETH had the highest liquidation amount of US$18.9568 million, followed by WLFI (US$13.2652 million) and BTC (US$12.7492 million).

Recommended reading: Cherish life, stay away from WLFI