CoinWorld News reports that on March 1, according to Coinglass data, the total liquidation across the network in the past 24 hours reached $653 million, including $309 million in long positions and $344 million in short positions. In the past 12 hours, as the U.S. achieved a phased success in its strikes against Iran, the market rebounded, with total liquidations of $271 million, including $221 million in short positions and $50.11 million in long positions.