Cryptocurrency Market Plunges, Liquidations Hit $500 Million

加密貨幣市場暴跌，清算額達 5 億美元

Bitcoin's recent failure to surpass the $100,000 threshold triggered a significant cryptocurrency liquidation event. Over $500 million worth of crypto positions were wiped out within a 24-hour period.

比特幣近期未能突破 10 萬美元大關，引發了重大的加密貨幣清算事件。價值超過 5 億美元的加密貨幣部位在 24 小時內被消滅。

Data from CoinGlass revealed that long liquidations accounted for $379 million, while short liquidations totaled $125.49 million. Bitcoin and Ether were the primary contributors, with liquidations totaling $121 million.

CoinGlass 的數據顯示，多頭清算金額為 3.79 億美元，空頭清算金額為 1.2549 億美元。比特幣和以太幣是主要貢獻者，清算總額為 1.21 億美元。

Other prominent altcoins, such as Dogecoin, XRP, and Stellar, experienced substantial liquidations of $34.20 million, $30.27 million, and $18.95 million, respectively.

其他著名的山寨幣，如狗狗幣、XRP 和 Stellar，分別經歷了 3,420 萬美元、3,027 萬美元和 1,895 萬美元的大幅清算。

This market downturn followed a notable rally in several altcoins. XLM, for example, surged by 50% over November 23-24. Dogecoin reached its highest price since May 2021, matching its previous peak.

這次市場低迷是在幾種山寨幣顯著反彈之後發生的。例如，XLM 在 11 月 23 日至 24 日期間飆升了 50%。狗狗幣達到 2021 年 5 月以來的最高價格，與之前的峰值持平。

Miles Deutscher, an industry analyst, suggests that traders from the previous market cycle are re-entering the market and investing in familiar tokens. Some perceive this as an opportunity to invest in utility tokens trading below their perceived value.

產業分析師 Miles Deutscher 表示，上一個市場週期的交易者正在重新進入市場並投資熟悉的代幣。有些人認為這是投資低於其感知價值的實用代幣的機會。

Presently, Bitcoin is trading at $97,790, slightly below its recent all-time high of $99,645. Despite the dip, Bitcoin has grown nearly 44% since early November. Its dominance in the cryptocurrency market remains strong at 56.2%, with the market valued at $3.46 trillion.

目前，比特幣交易價格為 97,790 美元，略低於近期歷史高點 99,645 美元。儘管有所下跌，但自 11 月初以來，比特幣已增長了近 44%。其在加密貨幣市場的主導地位仍然強勁，為 56.2%，市場估值為 3.46 兆美元。