Core Viewpoint - The cryptocurrency market experienced a significant crash on October 10, with Bitcoin dropping from $126,000 to a low of $105,900, marking its largest decline since April of this year, while Ethereum fell by 17% and Dogecoin halved in value, leading to a total market cap loss of $250 billion in a single night [2][3] Market Dynamics - The crash was influenced by multiple factors, including rising global trade tensions due to Trump's announcement of potential tariffs ranging from 10% to 41%, which caused investors to sell off risk assets, resulting in a 3.56% drop in the Nasdaq [2] - High market leverage contributed to the crash, with Bitcoin futures reaching a peak of $30 billion in open contracts, triggering automated stop-loss orders as prices fell below critical levels, creating a vicious cycle of selling [2] Investor Impact - Over 1.64 million investors faced liquidation within 24 hours, resulting in a loss of $19.2 billion, with Binance reporting a single liquidation of $13.79 million [2] - The market also faced pressure from large holders ("whales") selling off assets, with 12,000 Bitcoins (approximately $1.4 billion) moved to exchanges for sale, alongside regulatory pressures from the U.S. Department of Justice and new EU regulations [3] Investor Sentiment - The crash prompted reflections among investors, with many expressing regret over leveraging their positions in hopes of quick profits, highlighting the need for rational investment strategies and caution in the volatile cryptocurrency market [3]
比特币暴跌,160万人爆仓:币圈的“财富收割机”发动了!
Sou Hu Cai Jing·2025-10-11 09:12