This round of rebound triggered the largest short squeeze since "1011", with shorts worth $577 million liquidated in the past 24 hours

BlockBeats News, January 14th, according to glassnode data, influenced by today's crypto market rebound, the total 24-hour network-wide liquidations amounted to $684 million, with $577 million in short liquidations. This rebound also triggered the largest short squeeze of the Top 500 cryptocurrencies by market capitalization since the "October 11th Crash."