glassnode: Market rebound triggers largest short liquidation since the "1011 crash"

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