Crypto Market Liquidations Surge Amidst Price Plunge

价格暴跌期间加密货币市场清算激增

Approximately 99,014 traders have faced liquidation, resulting in a staggering $286.26 million in losses. Bitcoin alone accounted for $69.2 million of the liquidations.

大约 99,014 名交易者面临清算，造成高达 2.8626 亿美元的损失。仅比特币一项就占了 6920 万美元的清算金额。

Massive Liquidations Dominate Market

大规模清算主导市场

The cryptocurrency market has witnessed substantial liquidations as values, particularly of Bitcoin, have plummeted drastically in recent days. Leveraged crypto positions worth over $286 million have been liquidated.

最近几天，随着价值（尤其是比特币）的大幅下跌，加密货币市场出现了大幅清算。价值超过 2.86 亿美元的杠杆加密货币头寸已被清算。

In the past 24 hours, 99,014 traders have been liquidated, incurring losses totaling $286.26 million , based on data from CoinGlass. Bitcoin liquidations reached $69.2 million , with long positions accounting for $44.92 million and short positions for $22.29 million . During the same period, Ethereum experienced higher liquidation rates than Bitcoin.

根据 CoinGlass 的数据，过去 24 小时内，已有 99,014 名交易者被平仓，损失总计 2.8626 亿美元。比特币清算额达到 6920 万美元，其中多头头寸为 4492 万美元，空头头寸为 2229 万美元。同一时期，以太坊的清算率高于比特币。

ETH liquidations amounted to $91.73 million . Dogecoin (DOGE), Solana (SOL), and other digital assets reported a combined liquidation of $40.20 million . Minor liquidations were also recorded for other cryptocurrencies.

ETH 清算金额达 9173 万美元。狗狗币 (DOGE)、Solana (SOL) 和其他数字资产报告的清算总额为 4,020 万美元。其他加密货币也出现了小额清算。

Negative Investor Sentiment

投资者负面情绪

Major exchanges such as Binance, OKX, ByBit, Huobi, and Bitfinex were impacted by the widespread liquidations. The rapid sell-off and bearish market outlook have sparked panic among traders, erasing earlier gains.

Binance、OKX、ByBit、Huobi 和 Bitfinex 等主要交易所均受到大范围清算的影响。快速抛售和悲观的市场前景引发了交易员的恐慌，抹去了早先的涨幅。

Bitcoin has declined by 4.69% in the past day, currently trading at $60,382 , according to CoinMarketCap. Key technical indicators suggest a shift in technical structure, raising concerns about further falls below $60,000 or even lower.

根据 CoinMarketCap 的数据，比特币在过去一天下跌了 4.69%，目前交易价格为 60,382 美元。关键技术指标显示技术结构发生转变，引发对进一步跌破6万美元甚至更低的担忧。

Questions have arisen regarding the connection between the recent price decline and the excitement surrounding the spot Bitcoin ETF that emerged months prior to the halving. Even the introduction of a spot Bitcoin ETF in Hong Kong failed to attract buyers, with first-day trading volume falling short of expectations.

人们对最近的价格下跌与减半前几个月出现的现货比特币 ETF 的兴奋之间的联系产生了疑问。即使在香港推出现货比特币ETF也未能吸引买家，首日交易量低于预期。

Today's Crypto News Highlights:

今日加密货币新闻亮点：

• Hong Kong's New Bitcoin and Ether ETFs Reach $11.2M in Volume on First Day

香港新推出的比特币和以太坊 ETF 首日成交量达 1120 万美元