Solana (SOL) has emerged as the only major cryptocurrency to record gains in the top 10 by market capitalization. 

Solana (SOL) 已成為唯一一個在市值排名前十的主要加密貨幣。

Over the past 24 hours, SOL has seen an increase of 6.8%, with its price reaching $177.31, according to CoinGecko data. 

根據 CoinGecko 數據，在過去 24 小時內，SOL 上漲了 6.8%，價格達到 177.31 美元。

This comes at a time when the wider digital currency market is experiencing significant losses, with major coins like Bitcoin and Ethereum in the red.

與此同時，更廣泛的數位貨幣市場正在經歷重大損失，比特幣和以太幣等主要貨幣都出現了虧損。

Why is the crypto market down?

加密貨幣市場為何下跌？

The cryptocurrency market is currently facing a downturn, with all major cryptocurrencies trading in the red. Bitcoin, the leading digital currency, has seen a decrease of 7% over the last 24 hours. 

目前，加密貨幣市場正面臨低迷，所有主要加密貨幣交易都出現虧損。領先的數位貨幣比特幣在過去 24 小時內下跌了 7%。

Similarly, Ethereum and XRP have also experienced drops of approximately 7%, while Dogecoin has become the worst-performing cryptocurrency among the top 10, losing 9.5% of its value. 

同樣，以太幣和 XRP 也經歷了約 7% 的下跌，而狗狗幣則成為前 10 名中表現最差的加密貨幣，價值損失了 9.5%。

This widespread decline in value can be traced back to significant movements of funds to Binance, one of the world's largest cryptocurrency exchanges. 

這種廣泛的價值下跌可以追溯到全球最大的加密貨幣交易所之一幣安的大量資金流動。

According to Lookonchain, a notable transaction involving the movement of 4,637 BTC (valued at approximately $329 million) to a Binance hot wallet was observed earlier today. This transaction mirrors a similar movement that occurred during a Bitcoin price drop on March 5, contributing to the market's current volatility.

據 Lookonchain 稱，今天早些時候觀察到了一筆涉及 4,637 BTC（價值約 3.29 億美元）轉移到幣安熱錢包的值得注意的交易。該交易反映了 3 月 5 日比特幣價格下跌期間發生的類似走勢，導致了當前市場的波動。

More than $661 million liquidated

清算金額超過 6.61 億美元

The recent drop in cryptocurrency prices has led to significant market liquidations. In the last 24 hours alone, more than $661 million worth of cryptocurrencies have been liquidated, according to CoinGlass data.  

最近加密貨幣價格的下跌導致了市場的大量清算。根據 CoinGlass 的數據，僅在過去 24 小時內，就有價值超過 6.61 億美元的加密貨幣被清算。

This includes a disproportionate amount of long positions, amounting to $525.86 million. This shows that many traders who were betting on price increases were caught off guard. 

其中包括數額不成比例的多頭頭寸，達 5.2586 億美元。這說明不少押注價格上漲的貿易商措手不及。