Bitcoin Surges to Record High, Liquidating Short Positions

比特币飙升至历史新高，清算空头头寸

Bitcoin traders who anticipated a price decline after the election have lost $180 million as the cryptocurrency soared above its previous all-time high, briefly reaching $75,000.

随着加密货币飙升至之前的历史高点，一度达到 75,000 美元，预计大选后价格会下跌的比特币交易员已经损失了 1.8 亿美元。

"The spot market is surging, and short sellers are getting hit hard," said Pav Hundal, lead analyst at Swftyx. "Traders are betting on a crypto resurgence, and our order books are dominated by buyers."

Swftyx 首席分析师 Pav Hundal 表示：“现货市场正在飙升，卖空者受到了沉重打击。” “交易员押注于加密货币的复苏，而我们的订单簿主要由买家主导。”

Bitcoin Short Positions Liquidated

比特币空头头寸清算

On November 6th, Bitcoin (BTC) set a new high of $75,000.85 on Coinbase, surpassing its previous peak of $73,679 from March 13th. CoinGlass data shows that $179.12 million in Bitcoin short positions were liquidated in the subsequent four hours.

11 月 6 日，比特币 (BTC) 在 Coinbase 上创下 75,000.85 美元的新高，超过了 3 月 13 日创下的 73,679 美元的峰值。 CoinGlass数据显示，在接下来的四个小时内，价值1.7912亿美元的比特币空头头寸被清算。

A total of $197.73 million in short and long positions were liquidated during the four-hour period after Bitcoin crossed $70,000. Source: CoinGlass

比特币突破 7 万美元后的四个小时内，总共有 1.9773 亿美元的空头和多头头寸被清算。来源：CoinGlass

In the last 24 hours, total crypto market liquidations reached $483.16 million, with $358.19 million attributed to short bets. Bitcoin short sellers suffered the largest losses, with $251 million liquidated, followed by Dogecoin (DOGE) short sellers with $47 million.

在过去 24 小时内，加密货币市场清算总额达到 4.8316 亿美元，其中 3.5819 亿美元归因于空头押注。比特币卖空者遭受的损失最大，清算额为 2.51 亿美元，其次是狗狗币 (DOGE) 卖空者，损失额为 4700 万美元。

Spot Buying Drives Price

现货购买推动价格

Hundal believes that Bitcoin's price may experience a correction once the US trading day begins, regardless of the election outcome. However, he emphasizes that the surge is driven by spot buying, which he views as a positive sign.

Hundal 认为，无论选举结果如何，一旦美国交易日开始，比特币的价格可能会经历调整。不过，他强调，价格飙升是由现货购买推动的，他认为这是一个积极的信号。

"Spot buying creates lasting demand and price growth for Bitcoin because it involves actually holding coins," he said. "It's not a derivative-fueled pump."

“现货购买为比特币创造了持久的需求和价格增长，因为它涉及实际持有比特币，”他说。 “这不是衍生燃料泵。”

Election-Driven Volatility May Have Peaked

选举驱动的波动可能已达到顶峰

Options traders, according to Derive founder Nick Forster, are beginning to believe that election-driven volatility may have reached its peak. "We expect short-term volatility to remain above normal, pricing in potential daily fluctuations of 4-5% as election results are announced," Forster said.

Derive 创始人尼克·福斯特 (Nick Forster) 表示，期权交易员开始相信，选举驱动的波动可能已达到顶峰。福斯特表示：“我们预计短期波动性将继续高于正常水平，随着选举结果的公布，每日潜在波动幅度将达到 4-5%。”

Bitcoin Price Targets

比特币价格目标

Meanwhile, ZX Squared Capital co-founder CK Zheng predicts that a Donald Trump victory could further boost Bitcoin's price as investors expect a favorable regulatory environment under his administration. 10x Research head of research Markus Thielen suggests that Bitcoin may reach $100,000 by Q1 2025.

与此同时，ZX Squared Capital 联合创始人 CK Cheng 预测，唐纳德·特朗普的胜利可能会进一步推高比特币的价格，因为投资者预计他的政府将创造有利的监管环境。 10x Research 研究主管 Markus Thielen 表示，到 2025 年第一季度，比特币可能会达到 10 万美元。

Derive's Forster notes that "options market data still indicates a 15% chance that Bitcoin could surpass $100,000 by year-end."

Derive 的 Forster 指出，“期权市场数据仍然表明，比特币到年底有 15% 的可能性突破 10 万美元。”

This article does not provide investment advice or recommendations. All investing involves risk, and readers should conduct their own research before making any decisions.

本文不提供投资建议或建议。所有投资都涉及风险，读者在做出任何决定之前应该进行自己的研究。