The rebound of the cryptocurrency market resulted in a single position explosion of 577 million US dollars in 24 hours

On January 14th, according to Glassnode data, the rebound in the cryptocurrency market led to a total of 684 million US dollars in short positions sold across the internet in the past 24 hours, including 577 million US dollars in short positions. This rebound is the largest short liquidation since the "1011 crash".