PANews reported on February 1 that, according to data from Coinglass, the total liquidation amount across the entire network reached $2.5615 billion on January PANews reported on February 1 that, according to data from Coinglass, the total liquidation amount across the entire network reached $2.5615 billion on January
Yesterday, a total of $2.5615 billion in margin calls were triggered across the entire internet, setting a new record since the "October 11th crash".
News Brief
**PANews reported on February 1 that, according to Coinglass data, network-wide liquidations reached $2.56 billion on January 31—the largest single-day wipeout since the notorious "1011 crash." Notably, long positions comprised $2.41 billion of this total, whereas short positions accounted for just $154.70 million. Overall, this suggests a significant market shift.**
PANews reported on February 1 that, according to data from Coinglass, the total liquidation amount across the entire network reached $2.5615 billion on January 31, setting a new record for the highest single-day liquidation volume since the "1011 crash". Among them, short positions were liquidated for $154.7 million and long positions for $2.4068 billion.
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