Massive Liquidations Decimate Crypto Market, Over $1 Billion Lost

大規模清算摧毀了加密貨幣市場，損失超過 10 億美元

In a span of 24 hours, the crypto market witnessed a staggering $1.1 billion wiped out in trader positions. Both long and short traders incurred substantial losses, with long positions accounting for the majority. A colossal $1.03 billion evaporated from long positions, while short positions lost $155.02 million.

在 24 小時內，加密貨幣市場的交易者部位蒸發了 11 億美元，令人震驚。多頭和空頭交易者均遭受了較大損失，其中多頭頭寸佔大多數。多頭部位蒸發了10.3億美元，空頭部位損失了1.5502億美元。

Widespread Liquidations Across Assets

跨資產的廣泛清算

The liquidation frenzy extended beyond specific assets. Bitcoin and Ethereum bore the brunt of the impact, but altcoins also succumbed to the carnage. Leveraged traders faced a severe reckoning as swift market fluctuations triggered margin calls and automatic sell-offs.

清算狂潮不僅限於特定資產。比特幣和以太坊首當其衝，但山寨幣也遭受了這場大屠殺。由於市場的快速波動引發了追加保證金和自動拋售，槓桿交易者面臨嚴峻的考驗。

Bitcoin and Ethereum Liquidation Dominance

比特幣和以太坊清算主導地位

Bitcoin led the liquidation spree with $245.22 million lost, closely followed by Ethereum with $223.09 million. Dogecoin had $58.82 million liquidated, XRP saw $48.24 million vanish, and Solana was not spared with $39.56 million wiped out.

比特幣在清算熱潮中處於領先地位，損失了 2.4522 億美元，緊隨其後的是以太坊，損失了 2.2309 億美元。狗狗幣被清算了 5,882 萬美元，XRP 被清算了 4,824 萬美元，而 Solana 也未能倖免，損失了 3,956 萬美元。

The most significant single liquidation involved an ETH/USDT position on Binance valued at $15.80 million. Binance emerged as the busiest platform for liquidations, handling $199.95 million, of which $183.85 million originated from long positions, while shorts accounted for $16.10 million.

最重大的單筆清算涉及幣安上價值 1580 萬美元的 ETH/USDT 頭寸。幣安成為最繁忙的清算平台，處理了 1.9995 億美元的資金，其中 1.8385 億美元來自多頭頭寸，而空頭頭寸則佔 1,610 萬美元。

Bybit followed suit with $84.92 million in liquidations, $75.06 million of which were long positions. This data underscores the prevalent bullish sentiment among traders on these platforms, which was abruptly extinguished by swift market corrections.

Bybit緊隨其後，清算了8,492萬美元，其中7,506萬美元為多頭部位。這些數據突顯了這些平台上交易者普遍存在的看漲情緒，但這種情緒因市場的快速調整而突然消失。

Timeframe Breakdown

時間範圍細分

The last 24 hours witnessed a surge of liquidations, accounting for $1.19 billion. Within 12 hours, $516.17 million had been eradicated. In a further breakdown, $437.28 million disappeared in just four hours, and $279.90 million vanished in a single hour.

過去 24 小時內，清算量激增，達到 11.9 億美元。 12 小時內，5.1617 億美元被消滅。進一步細分，短短四小時內就消失了 4.3728 億美元，一小時內消失了 2.799 億美元。

Fed's Influence on Market Downfall

聯準會對市場下跌的影響

The US Federal Reserve's recent announcement played a pivotal role in this market bloodbath. Chairman Jerome Powell's statement indicating a likelihood of minimal, if any, rate cuts next year sent shockwaves through the market, causing Bitcoin to plunge from $100,000 to below that level within hours.

聯準會最近的聲明在這場市場大屠殺中發揮了關鍵作用。主席鮑威爾的聲明表明明年降息的可能性很小（如果有的話），這給市場帶來了衝擊，導致比特幣在數小時內從 10 萬美元暴跌至該水平以下。

Bitcoin's Long-Term Holders Drive Sell-Off

比特幣的長期持有者推動拋售

Bitcoin's long-term holders, typically holding their assets for extended periods, have also contributed to the sell-off. Glassnode data reveals that their supply has dropped to $13.31 billion, from $14.23 billion two months earlier. This occurred alongside Bitcoin's price surge from $58,000 to over $100,000.

比特幣的長期持有者通常會長期持有其資產，這也是造成拋售的原因之一。 Glassnode 數據顯示，其供應量已從兩個月前的 142.3 億美元降至 133.1 億美元。與此同時，比特幣的價格從 58,000 美元飆升至 100,000 美元以上。

Short-Term Holders Step In

短期持有者介入

Short-term holders have stepped into the fray, absorbing selling pressure from long-term investors. Their buying activity has kept Bitcoin's price above the six-figure mark, albeit with some traders realizing profits. The delicate balance between these opposing forces will be crucial in shaping Bitcoin's price trajectory.

短期持有者也加入了這場競爭，吸收了長期投資者的拋售壓力。他們的購買活動使比特幣的價格保持在六位數以上，儘管一些交易者實現了利潤。這些對立力量之間的微妙平衡對於塑造比特幣的價格軌跡至關重要。