Longxing Technology's contract trading across the network liquidated in 4 hours is only less than BTC and ETH

July 27th, according to Coinglass data, the whole network saw a $1.9862 million liquidation in a 4-hour period for Changxin Memory Technology (CXMT) contracts, with long liquidations amounting to $1.1367 million and short liquidations amounting to $0.8495 million. The liquidation amount was only second to BTC and ETH.