Data shows that cryptocurrency long holders have seen liquidations of $365 million in the past day as Bitcoin’s price has crashed below $66,000.

数据显示，随着比特币价格跌破 66,000 美元，加密货币多头持有者在过去一天遭遇了 3.65 亿美元的清算。

Cryptocurrency Derivative Market Has Registered High Liquidations Today

According to data from CoinGlass, the derivative side of the cryptocurrency market has suffered some major liquidations in the past day following the volatility that assets like Bitcoin have gone through.

加密货币衍生品市场今日出现大量清算 根据CoinGlass的数据，随着比特币等资产的波动，加密货币市场的衍生品市场在过去一天遭遇了一些重大清算。

The “liquidation” of a contract takes place when it amasses losses of a certain degree, leading to the derivative exchange with which it’s open to forcibly close it off.

当合约亏损达到一定程度时，合约就会被“清算”，导致衍生品交易所强行将其关闭。

Below is a table that shows the information about the liquidation event that has occurred in the cryptocurrency sector over the last day:

相关阅读：比特币再次出现重大 Coinbase 流出：这次 12 亿美元 下面的表格显示了过去一天加密货币领域发生的清算事件的信息：

Looks like a large amount of liquidations have occurred during the past 24 hours | Source: CoinGlass

As is visible above, the market has observed total liquidations of more than $461 million in the past 24 hours. 144,049 traders were involved in this flush, with the largest single liquidation standing at over $7 million.

看来过去24小时内发生了大量爆仓 |来源：CoinGlass 如上图所示，过去 24 小时内市场清算总额超过 4.61 亿美元。 144,049 名交易者参与了此次冲仓，最大单笔清算金额超过 700 万美元。

It would appear that the long investors have taken the brunt of this liquidation event, with $365 million contracts of this type seeing forceful closure. This would mean that almost 80% of the total liquidations involved these traders betting on a bullish outcome.

看起来，多头投资者在这次清算事件中首当其冲，价值 3.65 亿美元的此类合约被强制平仓。这意味着近 80% 的清算总额涉及这些交易者押注看涨结果。

The price action in the sector as a whole has been negative in the past day, with Bitcoin witnessing a drawdown of almost 6%. As such, it’s not surprising to see the liquidations being long-heavy.

过去一天，整个行业的价格走势一直为负面，比特币下跌了近 6%。因此，看到长期大量清算也就不足为奇了。

Mass liquidation events are popularly known as “squeezes.” Since the event from the past day has been dominated by the long side of the sector, the squeeze would be categorized as a “long squeeze.”

大规模清算事件通常被称为“挤压”。由于过去一天的事件主要由该行业的多头主导，因此挤压将被归类为“多头挤压”。

During a squeeze, a sharp swing in the price can result in a large amount of liquidations that only fuel the price move further. This amplified move then causes even more liquidations, and in this way, a cascade of them gets unleashed.

在挤压期间，价格的急剧波动可能会导致大量清算，这只会加剧价格的进一步波动。这种放大的举动会导致更多的清算，这样就会释放出一连串的清算。

A majority of the latest flushes have come in the past 12 hours alone, as liquidations stand at $310 million for the window. This once again corresponds with the price action, as Bitcoin and others have been the most volatile in this period.

仅在过去 12 小时内，大多数最新的冲水都发生了，该窗口的清算金额为 3.1 亿美元。这再次与价格走势相对应，因为比特币和其他货币在这一时期是波动性最大的。

As for how the various individual symbols are responsible for the squeeze, the table below breaks it down:

至于各个符号如何造成挤压，下表进行了细分：

The breakdown of the liquidations according to symbol | Source: CoinGlass

Bitcoin was responsible for the greatest share of liquidations at $137 million, while Ethereum (ETH) came second at $100 million. Out of the altcoins, Solana (SOL) and Dogecoin (DOGE) have topped the list with about $15 million liquidations each.

按符号划分的清算明细 |资料来源：CoinGlassBitcoin 的清算份额最大，为 1.37 亿美元，而以太坊（ETH）位居第二，为 1 亿美元。在山寨币中，Solana (SOL) 和 Dogecoin (DOGE) 分别以约 1500 万美元的清算量位居榜首。

In the cryptocurrency sector, mass liquidation events like today’s aren’t exactly an uncommon sight, due to the fact that the coins are in general quite volatile and many platforms offer easy access to extreme amounts of leverage.

相关阅读：比特币何时见顶？这种历史模式可能会提供提示在加密货币领域，像今天这样的大规模清算事件并不罕见，因为加密货币总体上波动性很大，而且许多平台可以轻松获得极高的杠杆率。

Because of these factors, uninformed trading in the derivative side of the cryptocurrency market can prove to be quite risky.

由于这些因素，加密货币市场衍生品方面的不知情交易可能会被证明风险很大。

Bitcoin Price

Bitcoin has plunged all the way towards the $65,200 level with its latest drawdown.

比特币价格随着最新的回撤，比特币一路暴跌至 65,200 美元的水平。

The price of the asset appears to have gone through some significant decline in the past day | Source: BTCUSD on TradingView

该资产的价格在过去一天似乎经历了一些大幅下跌 |资料来源：TradingView 上的 BTCUSD 精选图片来自 Shutterstock.com、CoinGlass.com，图表来自 TradingView.com