Market Rebound Triggers Significant Liquidation of Short Positions

A market rebound of approximately 4% occurred at 3 a. m. , leading to significant financial impacts for traders. According to PANews, the trader identified as 0xD83…Fd7 experienced a liquidation of one-third of their short positions, initially valued at around $332 million source: https://www.binance.com/en/square/post/35405838658161?utm_source=BinanceNewsRSS