讀後心得

Due to the sharp decline in the U.S. stock market, Bitcoin began to plummet sharply in Taiwan on the early morning of the 6th, hitting a low of $77,430 on the 7th. This caused a total of 280,000 people worldwide to be liquidated, with total losses reaching $854 million. According to data from Coinglass, the most severe liquidations occurred on the Bybit exchange, with a single liquidation amounting to as much as $16.38 million. The number of liquidations on the Binance exchange accounted for 17.37% of the global total, primarily because investors who were long faced the rapid decline of Bitcoin.

Due to the impact of the sharp decline in U.S. stocks, Bitcoin has continued to fluctuate in the past few days, experiencing a dramatic drop starting from midnight on the 6th Taiwan time. By around 7 a.m. on the 7th, the price of Bitcoin once approached $77,000, reaching $77,430. This sudden plunge led to 280,000 people globally facing liquidation within 24 hours, with the total amount of liquidation reaching $854 million (approximately NT$28.284 billion).

According to data, within the past 24 hours, a total of 280,548 people globally faced liquidation due to the drop in Bitcoin and related cryptocurrencies, with a total amount reaching $854 million. The largest single liquidation occurred on a certain exchange, with the contract valued at $16.38 million. Data indicates that a leading global cryptocurrency exchange ranked third in terms of liquidation numbers on its website, accounting for 17.37% with a total liquidation amount of $4.647 million.

In first place is another exchange, with a total liquidation amount of $11.47 million, accounting for 42.87% of the overall; following is another cryptocurrency exchange, with a total liquidation amount of $4.669 million. Moreover, 91.13% of the liquidation reasons were due to long positions that caused Bitcoin to plummet suddenly.