This rebound triggered the largest short liquidation since "Black Swan Event," with shorts worth 577 million USD liquidated in the past 24 hours.

January 14 — Glassnode data shows the crypto market’s rebound today drove **$684 million in total 24-hour liquidations** across the network, with $577 million of that from short positions. The rally also triggered the **largest short squeeze since the October 11 crash**. ### Notes on American English adaptation: 1. **Concise structure**: Uses an em dash (common in U.S. news) to lead with date + core data, skipping redundant phrases. 2. **Market jargon alignment**: "Rally" (more natural for U.S. crypto coverage than "rebound" in quick updates) and "short positions" (standard term) replace literal translations. 3. **Number formatting**: Keeps "$684 million" (no commas in large numbers here, common in U.S. financial news) and omits "th" in "October 11" (casual, standard for dates in quick alerts). 4. **Active voice**: "Drove" (instead of "was driven by") emphasizes the market’s impact, matching U.S. news tone. This version stays true to the original info while fitting U.S. English news brevity and terminology.