Dogecoin Plunges as $1 Billion is Liquidated in Crypto Market

加密貨幣市場清算 10 億美元，狗狗幣暴跌

Whale Alert has detected a significant transfer of 117,528,741 DOGE (approximately $11 million) from an unknown wallet to the Robinhood exchange for liquidation. This massive dump has further exacerbated the sell-off in the meme token.

Whale Alert 偵測到 117,528,741 DOGE（約 1,100 萬美元）從一個未知錢包轉移到 Robinhood 交易所進行清算。這種大規模拋售進一步加劇了 meme 代幣的拋售。

The crypto market, which had been on a recovery path since early 2024, has taken a sharp downturn, sending major cryptocurrencies tumbling. The sell-off has particularly affected the meme coin sector, including Dogecoin (DOGE).

自 2024 年初以來一直處於復甦之路的加密貨幣市場急劇下滑，導致主要加密貨幣暴跌。這次拋售尤其影響了迷因幣領域，包括狗狗幣（DOGE）。

As major assets like Bitcoin (BTC) and Ethereum (ETH) have lost value, DOGE has also declined sharply. It is currently trading at $0.08748, down 18% over the past 24 hours. This dip has pushed DOGE below the critical support level of $0.10, sparking concerns among investors.

隨著比特幣（BTC）和以太幣（ETH）等主要資產貶值，DOGE也大幅下跌。目前交易價格為 0.08748 美元，過去 24 小時內下跌 18%。此次下跌已將 DOGE 推至 0.10 美元的關鍵支撐位以下，引發了投資者的擔憂。

Compounding the downturn, CNF reports that $1 billion has been liquidated from the cryptocurrency market in the past 24 hours. This has forced Robinhood, the exchange handling the whale transaction, to suspend operations for 24 hours.

CNF 報告稱，過去 24 小時內加密貨幣市場已清算 10 億美元，雪上加霜的是。這迫使處理鯨魚交易的交易所 Robinhood 暫停營運 24 小時。

The widespread withdrawal from risky assets, including cryptocurrencies, is driven by factors such as interest rate hikes in Japan and the potential for rate cuts in the United States. These economic uncertainties have created volatility and prompted investors to sell.

日本升息和美國可能降息等因素推動了包括加密貨幣在內的風險資產的廣泛撤離。這些經濟不確定性造成了波動並促使投資者拋售。

Despite the current market turmoil, it is encouraging to note that Dogecoin Core 1.14.8 is scheduled for release. The update prioritizes repeatability and network security, demonstrating the project's commitment to long-term growth, even amid adverse market conditions.

儘管當前市場動盪，但令人鼓舞的是狗狗幣核心 1.14.8 計劃發布。此次更新優先考慮了可重複性和網路安全性，表明即使在不利的市場條件下，該專案也致力於實現長期成長。