刚刚，全线“崩了”！超40万人爆仓
Zhong Guo Ji Jin Bao·2025-11-21 12:57

Core Viewpoint - The cryptocurrency market has experienced a significant downturn, with Bitcoin dropping to its lowest price since April 7, 2023, at $81,111, marking a decline of over 10% in the past 24 hours [1][3]. Market Performance - Bitcoin's price fell to $81,111, down 10.10% in the last 24 hours, with a trading volume of approximately $124.9 billion [4]. - Ethereum dropped to $2,700.42, reflecting a 10.22% decrease, with a trading volume of around $53.25 billion [4]. - Other cryptocurrencies such as Ripple, Solana, and Dogecoin also saw declines exceeding 10% [3][4]. Liquidation Data - Over 400,000 traders were liquidated in the past 24 hours, with a total liquidation amount of $1.968 billion (approximately 14 billion RMB), primarily from long positions totaling $1.83 billion [5]. - The liquidation data indicates a significant impact on the market, with $1.05 billion liquidated in the last four hours alone [5]. Global Market Impact - The cryptocurrency market's decline is part of a broader trend, with global markets also experiencing downturns due to a significant drop in U.S. stock markets [6]. - Major indices in South Korea, Japan, and Europe reported substantial losses, reflecting a collective market downturn [6]. Economic Factors - Uncertainty regarding potential interest rate cuts by the Federal Reserve has heightened concerns about Bitcoin's price stability [9]. - Strong employment data in the U.S. complicates the Fed's decision-making regarding interest rates, with expectations of three rate cuts in 2024 [9]. ETF Market Dynamics - The recent sell-off in the cryptocurrency market is attributed to retail investors liquidating their positions in Bitcoin and Ethereum ETFs, rather than native cryptocurrency traders [10]. - Approximately $4 billion has flowed out of Bitcoin and Ethereum ETFs this month, surpassing previous records [10]. Warnings from Industry Leaders - Ethereum co-founder has issued a stark warning about the potential catastrophic consequences of a sudden drop in Bitcoin prices [11].