The Crypto Market Suffers Major Liquidations

加密市场遭受重大清算

The crypto market experienced a significant downturn, liquidating $566 million in a single day. This plunge was triggered by the alarming $1.4 billion hack of the Bybit exchange, sending shockwaves through the industry.

加密货币市场经历了巨大的衰退，一天内清算了5.66亿美元。这次暴跌是由14亿美元的Bybit Exchange攻击引发的，从而使Shockwaves通过该行业。

Crypto Liquidations Reach $566 Million

加密货币达到5.66亿美元

In the wake of the Bybit hack, the crypto market plummeted, leading to liquidations worth $566 million within 24 hours. CoinGlass data indicates that 151,222 traders were impacted, primarily those holding long positions.

在Bybit Hack之后，加密货币市场暴跌，导致24小时内的清算价值5.66亿美元。 Coinglass数据表明，151,222个交易者受到影响，主要是那些持有长期职位的交易者。

Long positions accounted for $321 million in losses, while short positions faced liquidations of $234 million. Notably, the largest single liquidation order occurred on Binance, involving a BTC/USDT trade valued at $12.14 million.

长头寸占损失的3.21亿美元，而短职位面临的清算额为2.34亿美元。值得注意的是，最大的单一清算订单发生在Binance时，涉及BTC/USDT贸易价值1214万美元。

Bitcoin and Altcoins Under Selling Pressure

在销售压力下的比特币和山寨币

Bitcoin (BTC) faced selling pressure, losing 2% of its value in a day and dropping to $96,170. The market dominance of Bitcoin dipped by 0.47%, settling at 61.09%.

比特币（BTC）面临销售压力，每天损失其价值的2％，下降到96,170美元。比特币的市场优势下降了0.47％，定居于61.09％。

Altcoins witnessed more pronounced declines, with XRP losing 3%, Solana (SOL) shedding 3.5%, and Dogecoin (DOGE) falling 4%. Cardano (ADA) experienced the most significant drop at 5%, while Shiba Inu (SHIB) slipped by 2%.

Altcoins目睹了更明显的下降，XRP损失了3％，Solana（Sol）脱落3.5％，而Dogecoin（Doge）下跌4％。 Cardano（ADA）以5％的速度经历了最显着的下降，而Shiba INU（Shib）下跌了2％。

Overall Market Cap Declines

总市值下降

The combined crypto market lost 2% of its value, decreasing the total market cap to $3.17 trillion. This decline reflects the uncertainty and panic among traders.

联合加密市场损失了其价值的2％，将总市值降低到3.17万亿美元。这种下降反映了交易者的不确定性和恐慌。

Top Crypto Gainers

顶级加密蛋糕

Bitget Token (BGB): Up 4.7% to $5
Maker (MKR): Up 4% to $1513
Ethena (ENA): Up 3.41%

BITGET TOKEN（BGB）：上升4.7％至5MMAKER（MKR）：上升4％至$ 1513Ethena（ENA）：上升3.41％

Top Crypto Losers

顶级加密失败者

Jito (JTO): Down 16.5%
Berachain (BERA): Down 13.6%
Stroy (IP): Down 12% to $4.40

JITO（JTO）：Down 16.5.Rachain（Bera）：Down 13.6％Stroy（IP）：下降12％至$ 4.40