US, South Korean, and Japanese Stock Markets See Violent Rebound in Liquidations

Yesterday and this morning, stock markets in the US, South Korea, and Japan experienced a sharp rebound, with several stocks that had plummeted seeing gains of over 20%.

This violent rebound led to a surge in liquidations on the stock futures market. According to data from Coinglass, SanDisk's stock futures saw the highest liquidation volume, exceeding $20 million in the past 12 hours and surpassing Bitcoin and Ethereum.

Other top-liquidated stocks included Micron, Amazon, SPCX, and Intel. The sudden shift in market sentiment has raised questions about the volatility of these assets.