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In the past hour, the liquidation amount of the entire network reached US$213 million, of which the liquidation amount of long orders reached US$206 million and the liquidation amount of short orders was US$7.06 million. At the same time, the price of Bitcoin continued to fall, falling below the $42,000 mark and currently trading at $41,965.4, with an intraday drop of 4.08%.
This series of data shows the extreme volatility and investment risks of the cryptocurrency market. In this market, the rise and fall of funds continue to surge like ocean waves, and investors' wealth rises and falls with it. This volatility not only poses a challenge to individual investors, but also tests the stability of the entire market.
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