Dogecoin(DOGE), Litecoin(LTC) 등은 모두 이 현상의 피해자입니다.

The cryptocurrency market is no stranger to volatility, but the recent sharp decline in prices took many by surprise. This sudden drop came on the heels of a prolonged period of low volatility, with most assets reaching significant lows in this metric. Such calm before the storm made the ensuing price plunge all the more unexpected.

In the midst of this downturn, two notable cryptocurrencies, Dogecoin (DOGE) and Litecoin (LTC), have been particularly affected. As of recent data, Dogecoin is trading at $0.062505, while Litecoin stands at $65.07. Both of these assets, along with several others, have been victims of a phenomenon that is currently shaping the crypto landscape.

이러한 침체 속에서 두 가지 주목할만한 암호화폐인 Dogecoin(DOGE)과 Litecoin(LTC)이 특히 영향을 받았습니다. 최근 데이터를 기준으로 Dogecoin은 $0.062505에 거래되고 있으며 Litecoin은 $65.07에 거래되고 있습니다. 이 두 자산은 다른 여러 자산과 함께 현재 암호화폐 환경을 형성하고 있는 현상의 희생자였습니다.

1/ A sudden, strong drop in crypto prices has followed a prolonged period of low volatility. Most assets were reaching significant lows in volatility, making this large move unexpected to many.#Bitcoin #cryptocrash pic.twitter.com/ebRvNlmz7R
— IntoTheBlock (@intotheblock) August 18, 2023

A closer look at market activity reveals a spike in transactions valued over $1 million. Specifically, there has been an increase of approximately 700 such transactions, which closely aligns with the timing of the downward price movement. This pattern strongly suggests that, in the current market scenario characterized by lower liquidity, these large transactions are the primary catalysts driving volatility.

시장 활동을 자세히 살펴보면 100만 달러 이상의 거래가 급증한 것을 알 수 있습니다. 구체적으로 약 700건의 거래가 증가했는데, 이는 가격 하락 시기와 밀접하게 일치합니다. 이 패턴은 낮은 유동성을 특징으로 하는 현재 시장 시나리오에서 이러한 대규모 거래가 변동성을 촉진하는 주요 촉매제임을 강력하게 시사합니다.

The implications of this are significant. With large transactions having such a pronounced impact on price, it underscores the influence of whales or large holders in the current market environment. Their actions, whether selling or buying in large volumes, can sway the market in noticeable ways, especially when liquidity is thin.

For assets like Dogecoin and Litecoin, this phenomenon presents both challenges and opportunities. On one hand, the influence of large transactions can lead to rapid price declines, as witnessed recently. On the other, it also means that positive market sentiment and large buy orders can lead to swift recoveries.

It is also worth noting external factors that might be influencing the market. The preapproval of the Ethereum futures ETF and issues like the 1,000+ ETH stuck in the Shibarium bridge have added to the market's uncertainty.

시장에 영향을 미칠 수 있는 외부 요인도 주목할 가치가 있습니다. Ethereum 선물 ETF의 사전 승인과 Shibarium 브리지에 갇힌 1,000개 이상의 ETH와 같은 문제가 시장의 불확실성을 가중시켰습니다.