PANews reported on August 1st that Coinglass data showed that over the past hour, $284 million in liquidation occurred across the entire network, with $276 million in long positions and $7.4057 million in short positions. Ethereum's liquidation totaled $91.6493 million, and Bitcoin's $76.0871 million. Furthermore, over the past four hours, over $409 million in liquidation occurred across the entire network.