glassnode: Market Rebound Leads to Largest Short Liquidation Scale Since "1011 Crash"

Odaily News glassnode posted on X platform stating that the market rebound has led to the largest short liquidation scale since the "1011 crash". According to Coinglass data, the total liquidation across the network in the past 24 hours reached $679 million, with short liquidations at $578 million and long liquidations at $101 million.