刚刚！全线大跌，近14万人爆仓！

Core Viewpoint - The cryptocurrency market experienced a significant downturn on September 25, with Ethereum's price dropping over 4%, falling below $4000, and Bitcoin also facing multiple short-term declines [2][3][4]. Market Performance - Ethereum's price reached a low of $3961, marking a decline of 4.39% [5][6]. - The overall cryptocurrency market saw a collective drop, with Bitcoin, Binance Coin, Dogecoin, SOL, Ripple, Cardano, and SUI all experiencing declines, with some like SOL and Dogecoin dropping over 4% [9][10]. Liquidation Data - Approximately 140,000 traders were liquidated in the last 24 hours, with a total liquidation amount of $441 million, including $380 million from long positions and $6.466 million from short positions [12][13]. - The largest single liquidation occurred in Hyperliquid-ETH, valued at $29.12 million [12]. Market Analysis - Analysts from Matrixport noted that despite a favorable macro environment for crypto assets, a significant decline in trading volume is increasing the risk of forced liquidations, making long positions vulnerable to minor shocks [14]. - Historical data indicates that the market often experiences volatility during periods when the Federal Reserve enters a rate-cutting cycle, which could further pressure the market [14]. - Recent data showed a net outflow of $141 million from Ethereum spot ETFs, with Fidelity's ETF experiencing the largest single-day outflow of $63.4 million [14].