As Bitcoin (BTC) approached the $90,000 mark on November 11, the crypto market experienced a surge of liquidations, with over $700 million in positions closed on exchanges including Bitget, Bybit, KuCoin, OKX, and Binance.

随着比特币 (BTC) 于 11 月 11 日逼近 90,000 美元大关，加密市场经历了清算激增，Bitget、Bybit、KuCoin、OKX 和 Binance 等交易所的平仓头寸超过 7 亿美元。

In the preceding 24 hours, approximately 177,103 traders incurred losses of $676.76 million in the crypto derivatives market. Bitcoin traders were particularly affected, with $261 million in losses. Short traders bore the brunt of this liquidation storm, losing an estimated $212 million as Bitcoin rallied towards $90,000.

在过去的24小时内，大约有177,103名交易者在加密货币衍生品市场上遭受了6.7676亿美元的损失。比特币交易者受到的影响尤其严重，损失达 2.61 亿美元。空头交易者在这场清算风暴中首当其冲，随着比特币涨至 90,000 美元，他们损失了约 2.12 亿美元。

Long traders also faced setbacks as their expectations of reaching the $90,000 target went unfulfilled. The resulting miscalculations led to the liquidation of $48.21 million in digital assets, as bullish sentiment returned to the market after a period of decline.

多头交易者也面临挫折，因为他们达到 90,000 美元目标的期望未能实现。由此产生的错误计算导致 4821 万美元的数字资产被清算，因为市场在经历了一段时间的下跌后，看涨情绪重新回归。

The liquidation wave also extended to other cryptocurrencies such as Cardano (ADA), Solana (SOL), and Ethereum (ETH). Meme coins like Dogecoin (DOGE) and Pepe were also impacted. Ethereum futures contracts saw liquidations totaling $80 million, while SOL tokens lost approximately $22 million. Cardano's derivatives market experienced a loss of $7.13 million, and Dogecoin traders lost $8 million in the liquidation wave.

清算浪潮还扩展到了其他加密货币，例如卡尔达诺（ADA）、索拉纳（SOL）和以太坊（ETH）。狗狗币（DOGE）和 Pepe 等模因币也受到了影响。以太坊期货合约的清算总额为 8000 万美元，而 SOL 代币损失约 2200 万美元。卡尔达诺的衍生品市场经历了 713 万美元的损失，狗狗币交易者在清算浪潮中损失了 800 万美元。

Similar to Bitcoin, ETH's liquidation was triggered by a 6% price increase, as traders' expectations failed to align with the token's performance. Short position traders lost $43 million, while long traders lost $36 million due to misjudgments regarding ETH's potential.

与比特币类似，ETH 的清算是由价格上涨 6% 引发的，因为交易者的预期与代币的表现不一致。由于对 ETH 潜力的错误判断，空头交易者损失了 4300 万美元，而多头交易者损失了 3600 万美元。

The liquidation storm was concentrated on centralized exchanges as bullish sentiment re-emerged in the market. Binance accounted for 39.24% of the losses, with $268 million in tokens liquidated. OKX followed closely, losing $169 million in the derivatives market. The largest single loss occurred on Binance, where a trader lost $15.70 million in one transaction.

随着市场看涨情绪重新出现，清算风暴集中在中心化交易所。币安占损失的 39.24%，清算了 2.68 亿美元的代币。 OKX紧随其后，在衍生品市场损失了1.69亿美元。最大单笔损失发生在币安网，一名交易员在一笔交易中损失了 1570 万美元。