Solana (SOL) has emerged as the only major cryptocurrency to record gains in the top 10 by market capitalization. 

Solana (SOL) 已成为唯一一个在市值排名前十的主要加密货币中。

Over the past 24 hours, SOL has seen an increase of 6.8%, with its price reaching $177.31, according to CoinGecko data. 

根据 CoinGecko 数据，在过去 24 小时内，SOL 上涨了 6.8%，价格达到 177.31 美元。

This comes at a time when the wider digital currency market is experiencing significant losses, with major coins like Bitcoin and Ethereum in the red.

与此同时，更广泛的数字货币市场正在经历重大损失，比特币和以太坊等主要货币都出现了亏损。

Why is the crypto market down?

加密货币市场为何下跌？

The cryptocurrency market is currently facing a downturn, with all major cryptocurrencies trading in the red. Bitcoin, the leading digital currency, has seen a decrease of 7% over the last 24 hours. 

目前，加密货币市场正面临低迷，所有主要加密货币交易均出现亏损。领先的数字货币比特币在过去 24 小时内下跌了 7%。

Similarly, Ethereum and XRP have also experienced drops of approximately 7%, while Dogecoin has become the worst-performing cryptocurrency among the top 10, losing 9.5% of its value. 

同样，以太坊和 XRP 也经历了约 7% 的下跌，而狗狗币则成为前 10 名中表现最差的加密货币，价值损失了 9.5%。

This widespread decline in value can be traced back to significant movements of funds to Binance, one of the world's largest cryptocurrency exchanges. 

这种广泛的价值下跌可以追溯到全球最大的加密货币交易所之一币安的大量资金流动。

According to Lookonchain, a notable transaction involving the movement of 4,637 BTC (valued at approximately $329 million) to a Binance hot wallet was observed earlier today. This transaction mirrors a similar movement that occurred during a Bitcoin price drop on March 5, contributing to the market's current volatility.

据 Lookonchain 称，今天早些时候观察到了一笔涉及 4,637 BTC（价值约 3.29 亿美元）转移到币安热钱包的值得注意的交易。该交易反映了 3 月 5 日比特币价格下跌期间发生的类似走势，导致了当前市场的波动。

More than $661 million liquidated

清算金额超过 6.61 亿美元

The recent drop in cryptocurrency prices has led to significant market liquidations. In the last 24 hours alone, more than $661 million worth of cryptocurrencies have been liquidated, according to CoinGlass data.  

最近加密货币价格的下跌导致了市场的大量清算。根据 CoinGlass 的数据，仅在过去 24 小时内，就有价值超过 6.61 亿美元的加密货币被清算。

This includes a disproportionate amount of long positions, amounting to $525.86 million. This shows that many traders who were betting on price increases were caught off guard. 

其中包括数额不成比例的多头头寸，达 5.2586 亿美元。这说明不少押注价格上涨的贸易商措手不及。