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Largest Short Liquidation Since 1011 Triggered by Current Rebound, Nearly $577 Million in Short Positions Liquidated in Past 24 Hours

Summary: According to Glassnode data, the recent rebound in the crypto market has led to a total of $684 million in liquidations in the past 24 hours, with $577 million in short positions being liquidated. This rebound has also triggered the largest short liquidation since the crash in 1011.

According to Glassnode data, the recent rebound in the crypto market has led to a total of $684 million in liquidations in the past 24 hours, with $577 million in short positions being liquidated. This rebound has also triggered the largest short liquidation since the crash in 1011.

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