Yesterday, over $2.56 billion in liquidations occurred across all platforms, setting a new record for the highest single-day liquidation volume since the "October 11th crash."

According to Coinglass data, the total liquidation amount on the entire network reached $2.5615 billion on January 31, setting a 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 were liquidated for $2.4068 billion.