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In the past 12 hours, the market has experienced a total liquidation of approximately 103 million US dollars, with short positions accounting for over 63%

In the past 12 hours, the market has experienced a total liquidation of approximately 103 million US dollars, with short positions accounting for over 63%

2024/01/11 10:22

According to Coinglass data, the total liquidation in the past 12 hours across the entire network was approximately $103 million, with short positions being liquidated for $62.7913 million.

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The 10-year U.S. Treasury yield climbs to 4.8%, erasing the dividend advantage of utility stocks; the sector’s rebound depends on interest rate stabilization rather than technical signals.