讀後心得

Due to the sharp decline in U.S. stocks, Bitcoin has significantly dropped since the early morning of the 6th, falling to as low as $77,430 in the early morning of the 7th. Over 280,000 people were liquidated within 24 hours, with a total amount reaching $854 million. Among these, the largest single liquidation occurred on the Bybit exchange, with a contract value of $16.38 million. According to data, the number of liquidations on Binance ranked third, accounting for 17.37%, with a total amount of $4.647 million. 91.13% of the liquidation cases were due to the sudden plunge of Bitcoin while going long.

Due to the significant decline in the U.S. stock market, Bitcoin began a continuous freefall at around midnight Taiwan time on the 6th and dropped to as low as $77,430 around 7 a.m. on the 7th. This sudden drop resulted in 280,000 people experiencing liquidation globally within 24 hours, with a total liquidation amount reaching $854 million (approximately NT$28.284 billion).

According to the data, 280,548 people globally faced liquidation due to the sharp decline in Bitcoin and the decrease in the market value of related cryptocurrencies. The largest single contract liquidation event occurred on the Bybit exchange, valued at $16.38 million. Among the major exchanges, Binance, as the world's leading cryptocurrency exchange, ranked third in liquidation numbers, accounting for 17.37% of the total, with a total liquidation amount of $4.647 million. The first place went to Bybit, with a total liquidation amount of $11.47 million, accounting for 42.87%; the second place was Gate.io, with a total liquidation amount of $4.669 million. The survey indicated that 91.13% of liquidation cases were related to the sudden plunge in Bitcoin.