This rebound triggered the largest short liquidation since "Black Swan Event," with shorts worth 577 million USD liquidated in the past 24 hours.
BlockBeats News, January 14, according to glassnode data, driven by today's crypto market rebound, the total 24-hour liquidation across the network reached $684 million, with $577 million in short liquidations. This rebound also triggered the largest-scale short squeeze since the "October 11th Crash."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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