Dogecoin Plunges as $1 Billion is Liquidated in Crypto Market

加密货币市场清算 10 亿美元，狗狗币暴跌

Whale Alert has detected a significant transfer of 117,528,741 DOGE (approximately $11 million) from an unknown wallet to the Robinhood exchange for liquidation. This massive dump has further exacerbated the sell-off in the meme token.

Whale Alert 检测到 117,528,741 DOGE（约 1100 万美元）从一个未知钱包转移到 Robinhood 交易所进行清算。这种大规模抛售进一步加剧了 meme 代币的抛售。

The crypto market, which had been on a recovery path since early 2024, has taken a sharp downturn, sending major cryptocurrencies tumbling. The sell-off has particularly affected the meme coin sector, including Dogecoin (DOGE).

自 2024 年初以来一直处于复苏之路的加密货币市场急剧下滑，导致主要加密货币暴跌。此次抛售尤其影响了模因币领域，包括狗狗币（DOGE）。

As major assets like Bitcoin (BTC) and Ethereum (ETH) have lost value, DOGE has also declined sharply. It is currently trading at $0.08748, down 18% over the past 24 hours. This dip has pushed DOGE below the critical support level of $0.10, sparking concerns among investors.

随着比特币（BTC）和以太坊（ETH）等主要资产贬值，DOGE也大幅下跌。目前交易价格为 0.08748 美元，过去 24 小时内下跌 18%。此次下跌已将 DOGE 推至 0.10 美元的关键支撑位以下，引发了投资者的担忧。

Compounding the downturn, CNF reports that $1 billion has been liquidated from the cryptocurrency market in the past 24 hours. This has forced Robinhood, the exchange handling the whale transaction, to suspend operations for 24 hours.

CNF 报告称，过去 24 小时内加密货币市场已清算 10 亿美元，雪上加霜的是。这迫使处理鲸鱼交易的交易所 Robinhood 暂停运营 24 小时。

The widespread withdrawal from risky assets, including cryptocurrencies, is driven by factors such as interest rate hikes in Japan and the potential for rate cuts in the United States. These economic uncertainties have created volatility and prompted investors to sell.

日本加息和美国可能降息等因素推动了包括加密货币在内的风险资产的广泛撤离。这些经济不确定性造成了波动并促使投资者抛售。

Despite the current market turmoil, it is encouraging to note that Dogecoin Core 1.14.8 is scheduled for release. The update prioritizes repeatability and network security, demonstrating the project's commitment to long-term growth, even amid adverse market conditions.

尽管当前市场动荡，但令人鼓舞的是狗狗币核心 1.14.8 计划发布。此次更新优先考虑了可重复性和网络安全性，表明即使在不利的市场条件下，该项目也致力于实现长期增长。