Does a large liquidation guarantee a rebound?
No. Liquidation is an outcome, and volatility can continue.
Liquidated notional is not the same as loss
Check whether a figure represents position value or executed liquidation orders.
Separate long and short liquidations
Falling prices can liquidate longs and rising prices shorts, often with timing differences.
Verify aggregate coverage
Venue set, period, currency conversion and deduplication all matter.
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