比特幣（BTC）價格下跌引起大量清算，以太坊（ETH）市場也影響了

價格下跌導致了大量清算，比特幣清算激增猛烈擊中，其次是以太坊和山寨幣。

Price drops have caused massive liquidations, with Bitcoin liquidation surge hitting hard, followed by Ethereum and altcoins. The ongoing downtrend has resulted in heavy losses, especially for long positions. Ethereum’s struggles extend to its ETFs and declining network profitability, reflecting weakened investor confidence. Concerns over market stability and shifting investment strategies could fuel further uncertainty. While long-term crypto prospects remain uncertain, current sentiment appears bearish. Traders are adjusting to ongoing volatility, searching for signs of recovery.

價格下跌導致了大量清算，比特幣清算激增猛烈擊中，其次是以太坊和山寨幣。持續的下降趨勢造成了巨大的損失，尤其是對於長位置而言。以太坊的鬥爭擴展到其ETF並下降網絡盈利能力，反映了投資者的信心減弱。對市場穩定和轉移投資策略的擔憂可能會加劇進一步的不確定性。儘管長期加密前景仍然不確定，但目前的情緒似乎看跌。交易者正在適應持續的波動，尋找恢復跡象。

Bitcoin’s Sudden Drop Sparks $566M in Liquidations

比特幣的突然下降銷量為5.66億美元清算

On the last day, BTC fell from trading around $86K to now being seen at $82K. This kickedstarted a staggering $566.32 million market-wide liquidation in traders’ positions. Such significant liquidations can be the result of panic selling and over-leveraged positions.

在最後一天，BTC從交易約8.6萬美元跌至82,000美元。這啟動了一個驚人的5.6632億美元在貿易商職位上清算。如此重要的清算可能是恐慌銷售和過度槓桿率的結果。

As seen in the provided image, long positions contribute the most to the liquidation in the market as prices fell once again.

從提供的圖像中可以看出，隨著價格再次下跌，長位置對市場清算的貢獻最大。

Bitcoin liquidation surge is recorded as the highest among cryptocurrencies at $210.16 million. This increase in liquidation can be attributed to BTC’s status as a bigger cryptocurrency. As crypto has the highest market cap naturally, this coin also has the most invested capital, leading to more liquidations. Most of these liquidations were long positions as the sudden fall in value liquidated many futures. The long-term prospects for Bitcoin are still viable; however, amid this downtrend, short-term predictions are bleak.

比特幣清算激增被記錄為加密貨幣中最高的，為2.16億美元。清算的增加可以歸因於BTC作為更大的加密貨幣的狀態。由於加密貨幣自然而然地擁有最高的市值，因此該硬幣也擁有最多的資本，導致了更多的清算。這些清算中的大多數是長位置，因為價值突然下降了許多期貨。比特幣的長期前景仍然可行。但是，在這種下降趨勢中，短期預測是慘淡的。

As highlighted in the image, big altcoins, including Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) also saw liquidation. Ethereum, the second biggest cryptocurrency, saw $103,62 million, the highest liquidation after Bitcoin. XRP recorded $26.69 million in liquidated positions, while $22,01 million of capital was liquid in Solana’s market. Doge also saw a big spike with $21,34 million, and Cardano recorded $11.70, the lowest amount among these coins. The $67.47 million liquidation for other cryptocurrencies also highlights the market-wide bearish movement.

如圖像中突出顯示的那樣，包括以太坊（ETH），XRP（XRP），Solana（Sol）（Sol）和Cardano（ADA）在內的大型AltCoins也看到了清算。以太坊（Ethereum）是第二大加密貨幣，看到了1.0362億美元，是比特幣後最高的清算。 XRP的清算職位記錄了2669萬美元，而索拉納（Solana）市場上的資本為2.201億美元。 Doge還看到了一個巨大的尖峰，售價為2134萬美元，Cardano的記錄為11.70美元，這是這些硬幣中最低的。 6747萬美元用於其他加密貨幣的清算也突出了市場範圍的看跌運動。

Ethereum’s Struggles Deepen: ETF Outflows Raise Concerns

以太坊的掙扎加深：ETF流出引起了人們的關注

There are also some other bearish indicators in ETH’s market performance. ETH has fallen even more today, trading at around $2,020. This price point marks a nearly 50% decrease in its value since December last year. When compared to last year’s early Q2 ETH price, we also see an almost 50% fall.

ETH的市場表現中還有其他看跌指標。 ETH今天已經下降了更多，交易約為2,020美元。自去年12月以來，該價格點的價值下降了近50％。與去年早期的ETH價格相比，我們也看到近50％的跌幅。

Ethereum ETF losses have also been persisting, as it lost $120 last week. The week before, these ETFs also lost $335 million, bringing the total of these consecutive losses to $455 million. Some of these losses can be attributed to the lack of stacking possibility for Ethereum ETFs. Stacking is a system where investors are rewarded returns by locking their tokens to secure the network. Another challenge is rendering Etheruem the most profitable network in the industry. The 2025 network fees for ETH’s blockchain are recorded to be around $202 million now, which is lower than some competitors.

以太坊ETF的損失也一直持續存在，因為它上週損失了120美元。前一周，這些ETF還損失了3.35億美元，將這些連續的損失總額提高到4.55億美元。其中一些損失可以歸因於以太坊ETF缺乏堆疊的可能性。堆疊是一個系統，通過鎖定其代幣以確保網絡獲得獎勵。另一個挑戰是使Etheruem成為行業中最有利可圖的網絡。 ETH區塊鏈的2025年網絡費現在約為2.02億美元，低於某些競爭對手。