讀後心得

The sharp decline in the US stock market has led to a consecutive drop in Bitcoin prices, which fell to as low as $77,430 starting from early morning on the 6th Taiwan time. According to reports, the number of liquidations worldwide reached 280,000 within 24 hours, with a total value of up to $854 million. The largest liquidation came from the Bybit exchange, valued at approximately $16.38 million. The main reason for the liquidations was that bullish investors were faced with the dramatic drop in Bitcoin.

Due to the significant drop in the U.S. stock market, Bitcoin, which had been fluctuating for several days, began to plummet continuously from midnight on the 6th Taiwan time. Around 7 AM on the 7th, the price of Bitcoin once fell to $77,430. This sudden crash has led to 280,000 people facing liquidation globally within 24 hours, with the total liquidation amount reaching $854 million (approximately NT$28.284 billion).

According to data, in the past 24 hours, due to the sharp decline in Bitcoin leading to a cryptocurrency market crash, a total of 280,548 people globally faced liquidation, with the total liquidation amount reaching $854 million. Among these, the largest single liquidation occurred on a certain exchange, with a contract value of $16.38 million. Data shows that as a leading global cryptocurrency exchange, the number of liquidations on the certain exchange ranked third, accounting for 17.37% of the total, with a total liquidation amount of $4.647 million. The first place is a certain exchange with a total liquidation amount of $11.47 million, accounting for 42.87%; the second place is another cryptocurrency exchange with a total liquidation amount of $4.669 million. According to statistics, 91.13% of the liquidations were due to going long when Bitcoin suddenly plummeted.