比特币现金减半导致市场波动，引发多头平仓

4月3日，比特币现金经历了第二次减半事件，矿工奖励从6.25 BCH减少至3.125 BCH，引发了对其价格的猜测。尽管比特币现金在前几个​​月大幅上涨，但最近出现下降，清算总额为 390 万美元。然而，比特币现金期货的未平仓合约继续增加，达到 7.9923 亿美元的新高。

Bitcoin Cash Halving Concludes, Sparking Market Volatility and Long Position Liquidations

比特币现金减半结束，引发市场波动和多头清算

As of 10:45 pm UTC on April 3, 2022, Bitcoin Cash (BCH) has undergone its second halving at block height 840,000. This significant event has reduced miner rewards from 6.25 BCH to 3.125 BCH, marking a pivotal moment in the cryptocurrency's history.

截至世界标准时间 2022 年 4 月 3 日晚上 10:45，比特币现金 (BCH) 在区块高度 840,000 处经历了第二次减半。这一重大事件将矿工奖励从 6.25 BCH 减少到 3.125 BCH，标志着加密货币历史上的一个关键时刻。

Bitcoin Cash emerged as a proof-of-work blockchain network and cryptocurrency in 2017, designed to address the perceived limitations of Bitcoin (BTC) in terms of speed and transaction costs. Its first halving event occurred on April 8, 2020, effectively halving miner rewards from 12.5 BCH to 6.25 BCH.

比特币现金于 2017 年作为工作量证明区块链网络和加密货币出现，旨在解决比特币 (BTC) 在速度和交易成本方面的局限性。其第一次减半事件发生于 2020 年 4 月 8 日，矿工奖励从 12.5 BCH 减半至 6.25 BCH。

In anticipation of this latest halving, the BCH market has experienced significant volatility. Over the past three months, its price has surged by an impressive 147.85%, while the past 30 days have witnessed a further 24% increase. However, the 24 hours preceding the halving have been marked by a sharp decline of 9.94%.

由于对最近的减半的预期，BCH 市场经历了大幅波动。过去三个月，其价格飙升了147.85%，近30天又上涨了24%。然而，减半前的 24 小时，暴跌 9.94%。

Data from CoinMarketCap reveals that BCH is currently trading at $572.21, a notable departure from its recent highs. This price dip has triggered substantial liquidations, with CoinGlass data indicating that long positions accounted for $3.3 million of the total $3.9 million in liquidations, while short positions contributed $569,540.

CoinMarketCap 的数据显示，BCH 目前的交易价格为 572.21 美元，明显偏离近期高点。此次价格下跌引发了大量清算，CoinGlass 数据显示，在 390 万美元的清算总额中，多头头寸占 330 万美元，而空头头寸贡献了 569,540 美元。

Cointelegraph reported on March 29 that open interest (OI) in Bitcoin Cash futures perpetual contracts had reached an all-time high of $708.75 million. At the time of publication, OI has continued its ascent, reaching an even higher level of $799.23 million.

Cointelegraph 3 月 29 日报道，比特币现金期货永续合约的未平仓合约（OI）已达到 7.0875 亿美元的历史新高。截至本文发布时，OI 继续攀升，达到 7.9923 亿美元的更高水平。

Industry experts have highlighted the impact of miner behavior on the BCH market. One Twitter user, "DavidShares," observed that many miners had already transitioned to mining Bitcoin in anticipation of the halving.

行业专家强调了矿工行为对 BCH 市场的影响。一位 Twitter 用户“DavidShares”观察到，由于预期减半，许多矿工已经转向开采比特币。

The genesis of Bitcoin Cash lies in 2017, when a group within the Bitcoin community advocated for scaling solutions and lower transaction fees to accommodate the growing demand. However, disagreements over these proposals led to a hard fork, resulting in the creation of Bitcoin Cash.

比特币现金的起源于 2017 年，当时比特币社区内的一个团体提倡扩展解决方案并降低交易费用，以适应不断增长的需求。然而，对这些提议的分歧导致了硬分叉，从而产生了比特币现金。

In 2019, Bitcoin Cash underwent another contentious hard fork, dividing the mining community. Some miners neglected to upgrade to the new chain, leading to the wasteful allocation of resources. Cointelegraph reported in November 2019 that miners had expended significant effort mining 14 empty blocks on the old chain, which the majority of the Bitcoin Cash network had already deemed invalid and rejected.

2019 年，比特币现金经历了另一次有争议的硬分叉，导致挖矿社区分裂。一些矿工忽视升级到新链，导致资源分配浪费。 Cointelegraph 于 2019 年 11 月报道称，矿工们花费了大量精力在旧链上挖掘了 14 个空块，而大多数比特币现金网络已将其视为无效并拒绝。

As the Bitcoin Cash ecosystem navigates the aftermath of its halving, analysts and market participants will be closely monitoring the price action and its potential implications for the wider cryptocurrency landscape. The halving event has undoubtedly introduced a new set of variables, and only time will tell how they will shape the future of Bitcoin Cash and the broader cryptocurrency industry.

随着比特币现金生态系统经历减半后的影响，分析师和市场参与者将密切关注价格走势及其对更广泛的加密货币格局的潜在影响。减半事件无疑引入了一系列新的变量，只有时间才能告诉我们它们将如何塑造比特币现金和更广泛的加密货币行业的未来。