周一早些时

当加密货币击中本地底部时，Aave＆Compound看到了创纪录的$ WBTC抛售。仅AAVE V3就清算了2370万美元以上的清算，这是历史最高的。

Major DeFi lending protocols Aave and Compound encountered mass forced sales as leveraged users lost their positions. A brief dip of Bitcoin (BTC) below the $92K mark ignited crypto markets making it the largest six-month period of forced liquidations across decentralized finance (DeFi) platforms.

当杠杆用户失去职位时，主要的Defi贷款协议AAVE和复合案遇到了大规模销售。比特币（BTC）的短暂下跌低于$ 92K Mark Mark Mightign的加密货币市场，使其成为分散融资（DEFI）平台上最大的六个月强迫清算时期。

Open Interest Hits Lowest Levels Since November

自11月以来的开放兴趣达到最低水平

Market volatility caused an intense drop in open interest because open interest measures the complete number of futures contracts held by traders. Open interest reached its minimum mark of $25.06 billion since November 11, 2024. Many trading entities pulled their leveraged investments from the market, which resulted in a decrease in the total financial market exposure.

市场波动导致开放利息的大幅下降，因为开放利息衡量了交易者持有的期货合约的全部数量。自2024年11月11日以来，Open权益达到了250.6亿美元的最低分数。许多贸易实体将其杠杆投资从市场中撤出，这导致金融市场的总敞口下降。

These difficult short-term situations serve an important role by purging excessive debt out of the system. After eliminating excessive positions, the market reaches equilibrium before starting an improved upward trend.

这些困难的短期情况通过清除系统中的过多债务来发挥重要作用。消除了过度位置后，市场在开始改善上升趋势之前达到了平衡。

Aave V2 & V3 Record Highest WBTC Liquidations

AAVE V2和V3记录最高WBTC清算

Aave V2 served as a major decentralized lending platform, which experienced its highest daily WBTC (Wrapped Bitcoin) liquidations since August 1, 2024, for an amount totaling $782,048. The value drop of WBTC in Aave V2 prompted lenders to enforce forced liquidations for borrowers who used WBTC to secure loans.

AAVE V2是一个主要的分散贷款平台，自2024年8月1日以来，每日WBTC（包装比特币）的清算量最高，总计为782,048美元。 WBTC在AAVE V2中的价值下降促使贷方为使用WBTC确保贷款的借款人强迫清算。

The latest platform version of Aave V3 achieved a new peak in forced WBTC sales, reaching $23,720,216. The protocol’s improved risk management tools, such as independent lending pools and cross-chain functions, reduced market-wide threats. However, the large scale of forced sales demonstrated the vulnerability of positions with excessive leverage.

AAVE V3的最新平台版本在强制WBTC销售中达到了新的高峰，达到23,720,216美元。 The protocol's improved risk management tools, such as independent lending pools and cross-chain functions, reduced market-wide threats. However, the large scale of forced sales demonstrated the vulnerability of positions with excessive leverage.

Compound v2 & v3 Experience Heavy Liquidations

复合V2和V3体验重量清算

Since August 4, 2024, Compound v2 recorded its biggest WBTC liquidation event, which resulted in $467,284 worth of forced sell-offs. Market sell-offs occurred because borrowers lost their positions when their insufficient collateral resulted in automatic liquidations.

自2024年8月4日以来，Compound V2记录了其最大的WBTC清算活动，导致价值467,284美元的强制抛售。市场抛售之所以发生，是因为借款人在抵押品不足导致自动清算时失去了职位。

The improved lending system Compound v3 experienced its most significant liquidation operation since August, totaling $18,559,189. The new borrowing asset model optimized capital efficiency, yet continued mass liquidations triggered more sell-off pressure.

自8月以来，改进的贷款系统化合物V3经历了其最重要的清算操作，总计$ 18,559,189。新的借贷资产模型优化了资本效率，但持续的批量清算引发了更大的抛售压力。

Liquidations Set the Stage for BTC’s Recovery

清算为BTC恢复奠定了基础

During the initial sell-off frenzy, Bitcoin experienced a speedy market recovery that increased its value from $92K to $102K in under one day. Professional market components use liquidation events to eliminate imprudent leverage positions, which enables new bull trend momentum. Traders who track liquidation activities can obtain data to anticipate future price movements that would enable them to benefit from volatile market conditions.

在最初的抛售狂潮中，比特币经历了快速的市场回收率，其价值从一天不到的$ 92K增加到了102,000美元。专业的市场组件使用清算活动来消除不明智的杠杆位置，从而实现了新的公牛趋势动力。追踪清算活动的交易者可以获取数据以预测未来的价格变动，从而使他们能够从动荡的市场条件中受益。